Overnight Market Review (2022.7.28) The market is currently paying close attention to the Fed’s interest rate decision and Powell’s speech. At 2:00 a.m. Hong Kong time on Thursday, the Federal Reserve announced to raise interest rates by 0.75%, raising a total of 1.5% in two consecutive meetings. The current target range for the federal funds rate has risen to a range of 2.25 to 2.5 percent, in line with market expectations.
However, he also said that while a decision has not been made on when to slow rate hikes, a slower pace of rate hikes may also be appropriate as rates increase.
Trading strategy deployment: it is recommended to do more at low levels
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