#美联储货币政策 Looking back at history, the Federal Reserve's monetary policy has always had a profound impact on global financial markets. Currently, we are once again standing at a policy turning point. The recent statements from several Fed officials have attracted widespread market attention. Collins and Logan have expressed caution toward a rate cut in December, believing that keeping rates unchanged is more beneficial for assessing the situation. Williams, on the other hand, has suggested that a rate cut is still possible in the short term, indicating internal disagreements.

This reminds me of the situation after the 2008 financial crisis. At that time, the Fed also hesitated over whether to continue cutting rates. Eventually, it adopted large-scale quantitative easing, laying the groundwork for the subsequent bull market. Today, inflation is not yet fully under control, but the pressure on economic growth cannot be ignored. The Fed is once again facing a dilemma.

Historically, Fed policy shifts have often triggered sharp fluctuations in asset prices. Whether it was the bursting of the internet bubble in 2000 or the market correction caused by rate hikes in 2018, investors have been left with deep lessons. At present, we should be even more vigilant about the risks that may arise from a policy shift, while also seizing potential investment opportunities. After all, there are opportunities in crises, and history always repeats itself.