Financial News
Written by: Hui Shihao and Deng Huilin
2020-12-17 10:50
Last update date: 2020-12-17 11:50
The U.S. Federal Reserve had no surprises when discussing interest rates. After the meeting, it stated that it will continue to buy bonds until the bureau promotes the goal of full employment and stable inflation. If necessary, the Fed can expand its bond purchases or buy long-term bonds.
Affected by the news, the US stock market turned up the next night. The Hong Kong stock market opened 148 points higher today (17th), and then softened after opening at 26608 points.
How should investors interpret the Fed's interest rate statement?
Is the flood of market funds good news for the stock market?
"Hong Kong 01" analyzed the market outlook with Chen Weicong, director of the research department of uSMART Youxin Securities at 11 am today.
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The U.S. Fed discusses interest rates at home