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    News: 2024.03.21

    The Federal Reserve hinted at cutting interest rates three times this year, raising its U.S. economic growth forecast to 2.1%

    The Fed still hinted in its latest statement that they may cut interest rates three times this year. The news had a major impact on global financial markets, raising investor concerns about the economic outlook.

    According to reports from Sina Hong Kong, the Federal Reserve announced that it will maintain the target range of the federal funds rate unchanged at 5.25%-5.5%. The decision reflects the current stable state of the U.S. economy, but also hints at possible changes in the future.

    The Fed’s expectations for economic growth

    According to the latest forecast, the Federal Reserve raised its forecast for the U.S. economic growth this year to 2.1%. The forecast reflects the strength of the U.S. economy but also signals the Fed's optimism about future economic growth.

    Global market reaction

    The Federal Reserve's decisions and forecasts have a significant impact on global financial markets. Investor concerns about the economic outlook have led to volatility in stock markets and sparked discussions about the stability of the global economy.

    Hong Kong market performance

    As an international financial center, Hong Kong has also been affected by the Federal Reserve's decision. Investors' uncertainty about the economic outlook has led to a decline in Hong Kong stocks, but it has also brought about some investment opportunities.

    • The Fed's decisions have a major impact on the global economy
    • Investors' worries about economic outlook lead to stock market volatility
    • Hong Kong markets were also affected by the Fed's decision