If the US dollar really cuts interest rates on September 20, the positive effects will appear in a chain:
First, people's wallets will be bulging, the US dollar interest rate cut will promote the appreciation of the RMB, imported goods will be more affordable, and spending money will be more worthwhile. The enthusiasm for consumption will be ignited, the market will be full of spring, and the economic recovery is just around the corner.
Second, foreign businessmen will come in droves, and international capital will seek a safe haven. China's stable economy has become the first choice, and the investment boom will not only ensure employment, but also add momentum to industrial upgrading, and a win-win future can be expected.
Third, the central bank's regulation is more flexible, and it has been dealing with the pressure of interest rate hikes for a long time. Now that the US dollar interest rate cut is a relief, monetary policy is expected to usher in a new chapter, balance the internal and external needs of the economy, and move forward steadily.
I wonder if this is not a wise choice under the global capital flow? China, with its unique charm, attracts the attention and favor of funds from the world.
In general, the US dollar interest rate cut is an opportunity and a challenge for China. It is like a spring breeze, nourishing every inch of the domestic economy, and giving new vitality to every link such as consumption, investment, and policy adjustments. We hope that in this global financial change, China can move forward more steadily and contribute more to the recovery of the world economy.