The current economic situation, the world is likely to enter the interest rate cut channel, which is closely related to everyone's life.
Domestic situation, CPI in August was -0.4% year-on-year, lower than expected. This shows that we are still in a deflationary state and commodity prices have not yet increased significantly. Walking in the mall, you will find that many products are being discounted and promoted, and merchants have tried their best to sell the things. What this reflects is that the market consumption motivation is insufficient and no one is willing to spend money.
However, I think there should be major consumption policies in September. The government must have seen the current situation and will find ways to stimulate consumption and boost the economy. There may be policies such as consumption coupons and subsidies, and it may be even more cost-effective for everyone to buy things. If you can get a consumption coupon, go to the mall to buy clothes and appliances you have long wanted, and you will be happy.
Internationally, we are waiting for the Federal Reserve to cut interest rates now. Once the Fed cuts interest rates, the intensity of stimulus policies should be relatively strong, especially the consumer market. The Fed's interest rate cut will make the US dollar less attractive and funds may flow to other countries. For the global economy, it's like a shot of a heart. Countries will also adjust their monetary policies to adapt to the new economic situation.
At present, the time window for policies of all parties is around September. It is expected that all countries will seize this critical period and introduce policies to stabilize the economy and stimulate consumption. The world is likely to enter the interest rate cut channel, which is both an opportunity and a challenge for ordinary people.
The opportunity is that interest rate cuts may reduce the interest rate of loans. If you plan to buy a house or start a business, the cost of loans will be reduced. Moreover, after the consumer market is stimulated, employment opportunities may also increase. The challenge is that prices may rise with the recovery of the economy, so we must learn to manage our finances reasonably and keep our wealth value safe and increase our value.
In short, the global economic situation is changing, and everyone should pay close attention to these changes, be prepared to meet new challenges and opportunities.
