This is the first time we have seen this method of raising interest rates. On September 20, local time, the U.S. Federal Reserve concluded its two-day monetary policy meeting and announced that it would maintain the current target range of the federal funds rate at 5.25%-5.50%, which is in line with the The market had expected.

Although the real interest rate remains unchanged, Fed Chairman Powell made a lot of noise, which means that the U.S. economy is doing very well and the growth rate this year has exceeded expectations. However, the current inflation is still a bit stubborn and needs to be brought down later. . In fact, to sum it up, it means the same thing: interest rates may have to be raised later.

​However, he couldn't say this directly, he could only try his best to hint, just to achieve the point where I didn't say anything, it has nothing to do with me, you all understand it, but you don't deny that this is the meaning. Regarding the market's initiative to raise interest rates and the realization of self-expectations, it has reached the state of being a scumbag who does not take the initiative, refuses, or takes responsibility.

After this speech, the actual benefits of not raising interest rates and the expected space for suspending interest rate increases have been wiped out. All markets are basically operating according to the effect of raising interest rates once. Stock markets, commodities, and everything that should have risen have all fallen. Yes, the U.S. dollar index, which was supposed to fall, continues to rise.

​So the Fed’s rhetoric about raising interest rates is really effective, and it has reached the point where no interest is better than interest. Many people may find it difficult to understand, but in the final analysis, it is not so much the Fed’s rhetoric as it is that the Fed, as the commander-in-chief of Western financial capital, has strong appeal and influence on all kinds of funds, and they just act in the expected direction. , to disprove expected self-fulfillment.