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MTL - The Rebirth of the Financial Hegemon-v3 Chapter 87 hegemony
a week later.
United States, New York City.
New York Federal Reserve Bank President Ben Berkenan was interviewed by the media at his departure press conference.
"Nonfarm payrolls rose by 196,000, according to last month's Labor Department statistics.
The unemployment rate held steady at 3.8%, in line with expectations.
But wages rose 0.14% for the month, below the 0.3% expected by economists.
That pushed wages up 3.2% year-on-year, the slowest hourly increase since September last year.
The rate at which wages are rising is one of the key figures for inflation.
........
There are signs that inflation is expected to decline.
Therefore, the Fed does not rule out the possibility of lowering interest rates in the future to prevent the US economic growth from slowing down. "
This is a heavyweight.
Ben Bernanke, American economist.
Born on August 13 in Augusta, Georgia, USA, he received a BA from Harvard University in 1975 and a Ph.D. from MIT in 1979.
Bernanke taught at Princeton University for 17 years and served as chair of the economics department.
Since 1987, he has been a visiting scholar of the Federal Reserve. During the period, he worked at the Federal Reserve Bank of Philadelphia, the Federal Reserve Bank of Boston, and the Federal Reserve Bank of New York twice a year and a year.
There is news that Ben Berkenan will serve as a Fed governor after leaving the Federal Reserve Bank of New York.
This is a very important job.
Means, Ben. Berkenan will have the right to vote on the Fed's interest rate decision.
In the field of the US economy, Ben Berkenan is recognized as the best economist after the economic czar Alan Greenspan.
A political research team believes that Ben Berkenan is likely to be one of the Fed chair candidates after Greenspan leaves office in the future.
Immediately afterwards, it was like confirming various rumors.
Federal Reserve Chairman Greenspan, who has always been ambiguous in his words, even women can't understand his heart, revealed in public.
At present, the US economy still has the possibility of a slowdown in growth, and the price index has remained almost at the same line in the past three months.
Greenspan also joked.
He paid $1.20 for a burger three months ago, and it's still the same price now.
This means that the growth rate of the US economy has stagnated.
Therefore, the Fed does not rule out cutting interest rates in next week's interest rate decision to ensure the growth of the US economy.
Economic Czar, Alan Greenspan.
The name stands for the Federal Reserve System of the United States, which is also the central bank of the United States.
Anyone can be president, but as long as Alan Greenspan is Fed chairman it's like.
This sentence alone shows how powerful Grispan really is.
And Ben Bernanke, but the so-called next Alan Greenspan.
The influence of two such important figures speaking is self-evident.
the same day.
Global financial markets immediately moved.
Hong Kong, Jushi Capital Trading Department.
In the central trading area, five giant LCD monitors hang.
All are monitors up to eighty inches.
On these huge displays, the charts of the world's major financial markets are arranged in rectangles.
Dow Jones Industrial Average, Nasdaq Index, Nikkei Index, Thailand SET Index, US Dollar Index, Japanese Yen Index …
USD to GBP, USD to JPY, USD to THB ......
Chart after chart, like an electrocardiogram, ups and downs.
On the market of these various financial contracts, data that cannot be counted by the naked eye are flashing.
USD to GBP, 0.6432, 0.6428, 0.6395...0.6291, 0.5978.
USD/JPY, .685........518........
Convert US Dollars to Canadian Dollars......
The Dow Jones Industrial Average, . . . .
Nikkei Index.
..................
Thailand SIT Index.
, ......
US dollar index.
..180.........
The currencies of various countries that have been in the depreciation range recently are continuing to rise.
JPY, CAD, GBP...
Almost all currencies are rising in value against the U.S. dollar.
Dow Jones Industrial Average, Nasdaq.
After gaping and opening respectively, they are still attacking upwards.
However, the U.S. dollar composite index continued to decline.
All because of the remarks of Alan Greenspan and Ben Bernanke.
Even if it's just undetermined remarks.
There is a possibility of a rate cut by the Fed.
On the big screen in the central trading area of Jushi Capital, the markets of the global financial market are jumping rapidly.
Zhao Jiangchuan sat in the middle, watching the fluctuations of the major markets.
His face was flat, as if he had no idea that the outside world had turned upside down.
After a long time.
The corners of Zhao Jiangchuan's mouth curled up in an arc, and there was a hint of sarcasm in his eyes.
He doesn't even need to guess, and financial experts from various countries will jump out tomorrow to explain why the US dollar rate cut expectations this time are different from the last market reaction.
It's like a rise in the stock market.
When things go up, there are always good things.
When it falls, there are bound to be various negatives.
It seems that the ups and downs of the stock market are caused by various positive and negative reasons.
The degree of coincidence is as real as it is.
Last time, the dollar continued to rise in value after the dollar cut rates.
In just two months, the dollar index rose from 79 points to 97 points.
And this time, it is also expected to cut interest rates.
The U.S. dollar fell.
96.789.
The dollar fell more than 1 percent.
It was the biggest one-day drop in two months.
Last time, the Fed cut interest rates and the logic of the dollar's strength was the release of dollar liquidity, which would boost the U.S. economy.
As the U.S. economy strengthens, it is only natural that the dollar appreciates.
This time ~www.novelbuddy.com~ I am afraid that it will be said that the US dollar rate cut will release the total circulation value, the money supply will be enlarged, and the depreciation is a matter of course.
"Damn, who said that foreigners can't play chess, after all, they are no worse than Chinese people."
Zhao Jiangchuan muttered to himself with an indescribable sarcasm in his tone.
The tricks the United States has used for decades have never changed.
But every time, it's always so good.
Because this is dollar hegemony.
Currency is the carrier of wealth, the lifeblood of the economy, and the core of the origin of all economies.
Kissinger said.
Whoever controls energy can control all countries.
Whoever controls the food can control all human beings.
Whoever controls the currency can control the whole world.
In the global monetary system, the dollar is unique, a veritable number one.
That piece of yellow-green paper makes people both love and hate.
Even Iran and North Korea, who are eager to stay away from the United States, will go up and step on the small piece of paper first, and then pick it up.
Licking off the dust on it, carefully put it into the pocket.
Now, just the remarks of two people immediately exploded the global financial market.
All because they can affect the price of the dollar.