U.S. officials hinted that they would take action

On July 17, local time, the Wall Street Journal reported that Fed officials hinted that in order to cope with high inflation, 75 basis points raised interest rates later this month.

This week, the historical record of inflation data released by the United States this week, and the expected heating up at 100 base points in July.However, the Federal Reserve officials quickly appealed the market, saying that the Federal Reserve raised a single interest rate in July 100 basis points, supporting 75 basis points in July, and the probability of 100 basis points in interest rate hikes fell.

Source: CCTV Finance

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