9.11 The US August unadjusted CPI hit the lowest level since 2021, and the expectation of interest rate cuts at the interest rate resolution meeting increased significantly.
9.19 The Federal Reserve cut interest rates by 50 basis points, ending the seventh interest rate hike cycle since 2022.3. In this round of interest rate hikes, the A-share market fell from 3500 points to 2600 points.
9.24 The central bank held a press conference, 300 billion repurchases and increased special re-loans, and the stock market was flooded.
9.25 The RMB broke 7 against the US dollar, starting with 6 for the first time in 16 months.
The A-share market rose from 2700 on 9.19 to 3300 this afternoon.
In the past few years, despite the poor economic and employment situation, the central bank has never dared to print money and release water, because the US deposit interest rate is too high. Once the water is released, capital will only accelerate the flight.
Now that the interest rate cut cycle has begun, the central bank will immediately release liquidity to the stock market. It can be predicted that this is an unprecedented policy bull market. Today's A-shares may be the real estate of the early 21st century. As long as the interest rate cut channel is not closed, it is expected that A-shares will return to 5,000. #