The Fed cuts interest rates again! Big news on Saturday hits the market (11.30)!
1. The Fed cuts interest rates again! The Fed's hope of cutting interest rates in December seems a little uncertain, but it is still there. The latest data shows that the core PCE price index rose 2.8% year-on-year in October, the strongest since April this year. However, now is the time for interest rate policy to shift gears, and there are voices of interest rate hikes again.
You must understand that the Fed's interest rate cut is not a good thing. This is determined by the multi-party game within the United States. After all, whether it is cut or not has a great impact. The United States attracts global funds to flow into U.S. stocks by raising interest rates. For cryptocurrencies, this is the second time this year that it has benefited from the loose environment outside. In this context, everyone is looking forward to a lot more trading volume. Come on, I hope this is not an unattainable dream.