what backs digital currency- Top Knowledge

-In the case that the central media once again called for "stabilizing the stock market", our A-share market continued its upward rebound. Nearly 3,000 stocks in the two cities rose, and the half-day turnover reached 1,178.6 billion yuan, which was 35.8 billion yuan more than the previous trading day. Therefore, with the smooth landing of "boots", the A-share market has ushered in a multi-window period.However, the process of reducing the inflation rate to 2% has stalled, and there has even been a rebound. The market is worried that the Fed will stage a "hawkish interest rate cut" next Wednesday, and the Fed may cut the guidance on interest rate cuts in the bitmap.However, the process of reducing the inflation rate to 2% has stalled, and there has even been a rebound. The market is worried that the Fed will stage a "hawkish interest rate cut" next Wednesday, and the Fed may cut the guidance on interest rate cuts in the bitmap.

-At the same time, the market has generally increased its bet on the Fed's interest rate cut in December. The market expects the probability of a 25 basis point interest rate cut in December to increase to 99.9%, which is higher than the previous expectation of 86.1%, which makes the European and American markets join hands overnight.-Last night, the consumer price index (CPI) released by the United States in November rose by 0.3% month-on-month, and the market expectation was 0.3%, up by 2.7% year-on-year, and the market expectation was 2.7%, both up by 0.1 percentage point from October. This data opened the door for the Federal Reserve to cut interest rates by 25 basis points in December.However, the process of reducing the inflation rate to 2% has stalled, and there has even been a rebound. The market is worried that the Fed will stage a "hawkish interest rate cut" next Wednesday, and the Fed may cut the guidance on interest rate cuts in the bitmap.

However, the process of reducing the inflation rate to 2% has stalled, and there has even been a rebound. The market is worried that the Fed will stage a "hawkish interest rate cut" next Wednesday, and the Fed may cut the guidance on interest rate cuts in the bitmap.