Next week, the market is set for a major shift before Black Friday! The Federal Reserve has just cut interest rates, and the Bank of Japan may soon follow with a rate hike. Reports indicate that next week the benchmark interest rate is highly likely to rise from 0.5% to 0.75%, but this may just be the beginning. The neutral interest rate estimated by the Bank of Japan is between 1% and 2.5%, suggesting there is still room for at least two more rate hikes. Inflation has exceeded 2% for three consecutive years, and the actual borrowing costs remain low, supporting the logic for a rate hike. In summary: a rate hike next week is a certainty, but the Bank of Japan will proceed cautiously, monitoring the data closely, and the story of future rate hikes is not over yet. #美联储降息