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Futu Research | Expect the Federal Reserve to cut interest rates, won't you buy it? Just buy the S&P Index!
At 2 a.m. on March 21, Beijing time, the Federal Reserve announced that it will continue to keep the federal funds rate unchanged in the range of 5.25% to 5.5%. This is the fifth time in a row since September last year that interest rates have remained stable. This decision is in line with the general expectations of the market.