#美联储维持利率不变

The Federal Reserve recently announced that it will keep interest rates unchanged, leading to a failure of market expectations for a rate cut, which has made investor sentiment cautious. In a high-interest-rate environment, the costs of consumer spending and corporate financing remain under pressure, especially with the retail industry being a focal point ahead of 'Black Friday.' U.S. stocks are under downward pressure, with technology and consumer stocks being the hardest hit, market liquidity is tightening, and risk aversion is rising. Although retailers are increasing promotional efforts, high inflation and rising credit costs may suppress consumer purchasing power. Sales data for Black Friday may fall short of expectations, making the market outlook less optimistic. Investors need to pay attention to future economic data and the Federal Reserve's policy direction to determine the next steps for the market.