After the ETF is passed, it will take some time for the interest rate cut to bring benefits to the currency circle!
Many people ignore a very important fact. The purchase of funds for US stock ETF exceeds 50%. This is why the market follows the US stock market. This is a very bad phenomenon. In other words, once the interest rate is cut, the previous currency will fall sharply, not good news.
Because there will be a liquidity battle at the moment of the interest rate cut, many US dollar-denominated assets will fall. Because everyone has to convert to US dollars. But after the period of tight liquidity, the money really flows out, and each asset will rise. It is not that once the interest rate is cut, the money will immediately reach the market.
