What will the US stock market crash bring?
After the Federal Reserve announced the interest rate cut, US stocks began to fall, indicating that the return of value is independent of people's will, or that the person who shipped the goods has indeed finished shipping. After the Federal Reserve cut interest rates, the three major US stock indexes all closed down, which led to the decline of the A-share market.
According to Xinhua Finance, Trump said that starting from September 1, he would impose a tariff of 10% on 300 billion goods exported from China to the United States, which triggered a huge financial market shock. US stocks plunged in late trading, with the Dow down 65,438+0.05% and the panic index VIX up 65,438+00.86%. The offshore RMB once fell below 6.96 against the US dollar, the biggest drop since May. International oil prices plummeted, and NYMEX crude oil once fell by 7%.
Director of the Monetary Policy Department of the People's Bank of China said that in the next stage, the People's Bank of China will implement a prudent monetary policy, pay close attention to the changes in the domestic and international economic and financial situation, make timely pre-adjustments and fine-adjustments according to the domestic economic situation and price changes, and maintain a reasonable and sufficient market liquidity and a reasonable and stable interest rate level.