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Yesterday the Bank of England raised interest rates again and the United States also released a series of data. Since September, the UK government has been trying to stimulate the economy through energy subsidies and tax cuts. As things stand, it appears that both the United States and the European Union are facing the same situation, with high inflation and the risk of economic recession on the one hand, and aggressive interest rate hikes by the central bank. on the other. Financial commentator Li Huihui believes that Europe and the United States may be at the risk of a political tug-of-war and that countries are prioritizing monetary tightening, while fiscal policy is not incremental. Against this backdrop, the market could bottom out in the near term and the Fed is expected to stop raising interest rates in the first quarter of next year.
Li Huihui: Europe and the United States could fall into a tug-of-war policy, risk of US stocks fluctuating and bottoming out in the short term 丨 On the market
Yesterday the Bank of England raised interest rates again and the United States also released a series of data. Since September, the UK government has been trying to stimulate the economy through energy subsidies and tax cuts. As things stand, it appears that both the United States and the European Union are facing the same situation, with high inflation and the risk of economic recession on the one hand, and aggressive interest rate hikes by the central bank. on the other. Financial commentator Li Huihui believes that Europe and the United States may be at the risk of a political tug-of-war and that countries are prioritizing monetary tightening, while fiscal policy is not incremental. Against this backdrop, the market could bottom out in the near term and the Fed is expected to stop raising interest rates in the first quarter of next year.
