NEWS

On November 7, Xinhua News Agency reported that the Federal Reserve announced a 25-basis-point reduction in the federal funds rate target range, bringing it down to 4.50%–4.75%. This marks the second rate cut this year, following a 50-basis-point cut in September, signaling a shift in monetary policy from a tightening to an easing cycle.

Sweden and the United Kingdom have also adopted accommodative monetary policies, announcing rate cuts of 50 and 25 basis points, respectively. These moves could potentially drive international capital flows toward emerging markets, including China.