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2026-09-17 17:34:09
[my country's Monetary Policy Remains Self-Reliant, Foreign Exchange Market Continues to Operate Steadily] Will the Fed's interest rate hike affect my country's macroeconomic and monetary policy trends? Since August, international financial markets have continued their volatile trend, with the RMB against the US dollar showing a stable-to-strong, two-way fluctuation trend. my country's foreign exchange market has maintained steady operation, with cross-border capital continuing to flow in. Wang Yifeng, deputy director of the Everbright Securities Research Institute, stated that although the inverted interest rate differential between China and the US has widened after the Fed's rate hike, considering that the market had largely anticipated this, US Treasury yields have already risen significantly recently. This rate hike is a precautionary measure, reflecting the Fed's desire to rebuild market confidence amidst high inflation. Industry insiders stated that my country's export situation is highly certain, and domestic inflation is operating at a moderate to low level, so the impact of the Fed's rate hike on cross-border capital flows is controllable. my country's monetary policy maintains ample liquidity, effectively supporting the financing needs of the real economy. The RMB exchange rate is highly resilient, and whether major overseas economies raise interest rates or not has a relatively small direct impact on the RMB exchange rate. (CCTV Finance)
