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Tonight there will be a major market event! Newbies can save themselves by reading this! The interest rate cut storm is coming!
Big things are happening! Something bigger is coming! At 3 AM tonight, the Federal Reserve FOMC meeting will announce monetary policy, and the market generally expects a third interest rate cut of 25 basis points, which will definitely trigger severe market fluctuations. Right now, the American economy is in a lot of trouble. The labor market is particularly weak, many companies are laying off employees, and due to increased tariffs, prices are starting to rise again. What's even more troubling is that some important economic data that was supposed to be announced has been delayed due to the government shutdown.