Let's pray and sincerely hope that the world's economy will get a lot worse than now. Let's also hope that economic indicators like GDP PMI unemployment rate, retail sales and consumer confidence will all be worse than expected.
Fully agree with 施生, US has no immediate need to decrease fund interest rate if factoring inflation rate only, however, when considering the unemployment rate, it seems likely the situation now is quite similar to 2008 financial crisis, the unemployment rate has hit the bottom already and started to rise to 4.3%. At 2008, even though US has already started to decrease the fund interest rate, the unemployment rate has still risen to 10% few months later. Therefore, no one knows what and how happens today in this situation, if US don't really act to decrease the fund interest rate fast and significant this time, who in the US shall be responsible if the unemployment rate rise to 10% again, that is recession, BLAME ON CHINA AGAIN, OH MY GOD😅
