Chapter 1488 (2/2)
”Quiet, quiet,” he patted the document impatiently. Although he was just a small part (press spokesman) who was not qualified to participate in the meeting, the expression on the man's face was quite proud, or arrogant. Because he represents a rising economy, every word he says is enough to affect the life of everyone in the world tomorrow.
He cleared his throat and read out the results of the meeting directly in Chinese.
The translators were in a hurry, afraid of missing or misinterpreting even one word. When it comes to the most critical rate cut, everyone cocked up their ears and held their breath.
“…… According to the study and decision of the shareholders' meeting of the new Federal Reserve, the monthly interest rate reduction plan is 0.1%, which will be implemented at noon tomorrow. We have also carefully considered the opinions of all walks of life in Singapore and the investment banks of other countries. Therefore, this month's reserves will not be reduced. ”Cut interest rate by 0.1%!
Reserve will not be adjusted!
It was like rain in the desert, and everyone was relieved.
Don't underestimate this 0.1%. Originally, everyone expected that the new Federal Reserve would directly cut interest rates by half a point and take strong medicine against the soaring Singapore dollar exchange rate, so as to increase the total amount of money in circulation in the market and pave the way for the next quantitative easing program.
In particular, representatives from the Chinese side showed a happy or joyful expression on their faces. It seems that the villagers are still moral and have not taken advantage of others' danger. After all, all those US Treasury bonds were in the hands of the central bank. Even a central bank with a lot of money would have to break their muscles and bones
Because the identity is kept secret in principle (most people don't take the initiative to claim that they are shareholders of the new Federal Reserve), an underground garage with the same security level as the president's office is built on the ground floor of the new Federal Reserve building. After the meeting, everyone will not go through the main gate, but leave from here.
When Jiang Chen and Xia Shiyu walked out of the elevator side by side and appeared in the garage, the people who still stayed in the garage stopped doing things at hand, or saluted respectfully or said hello. Among these people, there is no lack of the chairman of the 10 billion asset group and the financial giant with 100 billion assets. However, when facing these two people, none of them put on the airs of a big man.
After passing through the crowd, Jiang Chen opened the door for Xia Shiyu gentlely, and the two sat together in the car which had been waiting for a long time.
”The SGD has started the second round of rise. I thought you would raise interest rates by a large margin, but I didn't expect that you would raise interest rates by 0.1 point.” Sitting in the car, Xia Shiyu talked about the content of the meeting just now, ”can you tell me what you think?”
There are no scruples about chatting here, because it's Aisha who is driving.
”The first stage of exchange rate stability has already been done. Before the compensation gold is transported to the new Federal Reserve, I do not intend to further suppress the exchange rate. Excessive intervention in the market will lead to abnormal development of the market. We still have a long way to go.” Speaking of this, Jiang Chen laughed, and then said, ”what's more, many people have been singing us down before this, and there must be someone who pays some price for his own stupidity.”
For example, those foreign enterprises that withdraw capital from Singapore as soon as the 72 hour ultimatum comes out, such as those who short the international capital of Singapore's financial market. Now it is estimated that the Singapore dollar exchange rate is eagerly expected to come down, so as to reduce the loss of shortness and miscalculation.
As for those new citizens who choose to stay in times of crisis (whether it is because they haven't bought air tickets or not), Jiang Chen hopes that they can travel with money and enjoy their life. At least in the last year, the super purchasing power of the Singapore dollar has made it possible for any working-class Singaporean to live a life of ”being superior to others” in foreign countries.
This victory belongs to every citizen of the new country, and they deserve it.
”I didn't expect you to have a black side.” Curved the corner of the mouth, Xia Shiyu teasingly said.
”Ha ha, you've seen my s side for a long time.” Jiang Chen gave a bad laugh.
Xia Shiyu did not have any reaction, but was driving ayisha, with two faint red clouds floating on her cheeks.
Maybe I thought of the storm last night
”What time is your flight?”
”Two o'clock in the afternoon.”
”Remember to pay attention to safety outside,” she left a kiss on Jiang Chen's lips, and Xia Shiyu's index finger gently fingered her sideburns. A trace of tenderness flashed through her eyes that were not good at expressing feelings. She whispered, ”and remember to miss me outside.”
Pinching the delicate jade hand, Jiang Chen pasted it on his face and nodded with a smile.
”Well.”
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