v3 Chapter 1142： Hurricane sweeping the world (1/2)
”In order to stimulate the US economy and further ease domestic inflation, Fed Chairman Paul Volcker announced at a press conference that the Federal Open Market Committee (FOMC) will change the federal funds rate from the current one on August 1. From 19% to 21%, the loan interest rate from the current 21.5% to 24%...”
In the Galaxy Fund meeting room, Xia Yu, Liu Xiao and others gathered together. After Liu Xiao read the news from the United States, everyone's faces were filled with excitement.
”Great, the Fed has indeed raised interest rates, and Latin America and other countries are doomed!”
”This interest rate hike came too suddenly. It was in an abnormal interest rate hike policy and only gave the capital market ten days to react. Hahaha...”
”This also shows the degree of embarrassment in the U.S. economy. If it can still bear it, the Fed won't be able to do so. I'm afraid it will use a threatening interest rate hike policy...”
”Now the Fed shoots without saying anything. It's decisive and powerful enough...”
...
For a while, there was confusion in the conference room. Everyone expressed their opinions, and laughter kept coming and going.
Xia Yu just smiled and watched everyone vent.
For nearly a month, he has been here every day, and naturally he also knows the situation of everyone.
Although Liu Xiao and others did not confide in him, Xia Yu could still see the pressure in everyone's hearts.
Now that the Fed's policy of raising interest rates as he described has finally emerged, the general trend of international capital flows to the United States has once again appeared, and the situation of Latin America and other countries seems to be worsened.
The Fed has taken a global look, and it is definitely Latin America and other countries that hurt the most.
Now, they are waiting for the moment of the avalanche!
”Flap!”
”Okay, everyone, calm down!”
After seeing everyone discussing for a while, Xia Yu clapped his hands, drawing everyone's attention to him, and calming everyone down.
In an instant, the entire conference room became quiet again.
Looking at the scorching gazes that looked at him, Xia Yu glanced around with a serious expression, and said in a deep voice: ”Today is July 21. There are still ten days before the Fed actually raises interest rates.”
”After the policy is implemented, there may be problems in the Latin American congresses. It may be August 1, or August 5, or after August 15. All this is uncertain. .”
”So the only safe time left for us is the ten days between today and August 1st!”
”I have control of your progress, and some people have not completed their deployment. Although some people have completed the deployment, there is still room for optimization.”
”So in the next ten days, you will lead your respective teams to continue to improve the deployment according to the plan, and it must be fully completed before August 1st!”
”And before August 1st, you will all arrive in your respective areas of responsibility, and you will be in charge of the town personally, and I will be in the headquarters for overall dispatch.”
”any questions?”
With the last sound, Xia Yu suddenly raised the volume, his eyes sharp as a knife, and the breath of murder exuded all over his body.
”No!”
Everyone held their heads high and shouted in unison.
”Okay, the meeting is over!”
After all, Xia Yu stood up and took the lead to leave the meeting room without any muddle. After the others left, he hurried to their respective departments.
They have to complete the deployment in the next few days, of course this is remote command.
The reason for staying here is nothing more than connecting with Xia Yu in time, and their remote command can also promote work.
When the Latin American sovereign debt crisis really broke out later, the fighters were changing rapidly, and they had to personally be there to direct and dispatch them so as not to delay the fighters.
...
Following Paul Volcker’s announcement of the Federal Reserve’s interest rate hike, this news almost occupied the headlines of financial news in various countries in the next few days, and analyses on the purpose and impact of the Federal Reserve’s interest rate hikes emerged endlessly.
And the impact began to appear.
Although the Fed's interest rate hike policy will take effect on August 1, the dollar has once again accelerated its appreciation, and many capitals have begun to enter the United States first to seek protection.
The price of gold futures also stopped the downward trend and began to rise.
In fact, many of Xia Yu's companies have already completed their capital deployment ahead of schedule.