The Federal Reserve recently made a decision to keep the federal funds rate unchanged in the range of 4.25% -4.50%. This is the fifth consecutive meeting of the Federal Reserve to maintain interest rate stability.
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At the beginning of August, the cryptocurrency market witnessed a sharp correction. Bitcoin once dropped below $112,000, and over 110,000 people went bankrupt in the past 24 hours, with a total liquidation amount of $369 million.
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On July 31st Eastern Time, the three major indexes in the US stock market collectively closed down, pouring cold water on the recently hot US stock market.
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Recently, Federal Reserve Chair Powell stated at a press conference following the monetary policy meeting that the Fed has not yet made any decision on the interest rate for September.
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In today's closely interconnected global economy, a series of decisions made by U.S. President Trump are like boulders thrown into a calm lake, causing ripples that profoundly affect the global financial landscape.
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Recently, the South Korean stock market experienced a "Black Friday" event. The South Korean Composite Stock Price Index dropped by 126.03 points compared to the previous trading day, with a decline of 3.88%, closing at 3,119.41 points.
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From July 27th to 30th, the Chinese side's lead negotiator, Vice Premier He Lifeng, and the US side's lead negotiator, US Treasury Secretary Mnuchin and Trade Representative Gregory, held the China-US economic and trade talks in Stockholm, Sweden.
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On July 31, the Federal Reserve concluded its two-day monetary policy meeting and announced that it would keep the target range for the federal funds rate unchanged at 4.25% to 4.50% for the fifth consecutive time.
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Recently, the three major US stock indices closed lower, with the Dow Jones Industrial Average, Nasdaq Composite, and S&P 500 all experiencing varying degrees of decline.
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Recently, the tariff agreement reached between U.S. President Trump and Japan has intensified volatility in Asian stock markets, with overall stock prices in the region showing a downward trend.
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On the just concluded trading day, the three major stock indexes in the United States closed with a moderate upward trend, marking the fifth consecutive trading day of uptrend in the market.
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