The dollar edged higher in choppy trading after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation.
The Fed cut the overnight rate to the 4.75%-5.00% range, and policymakers see the Fed’s benchmark rate falling by another half of a percentage point by the end of this year, another full percentage point in 2025, and by a final half percentage point in 2026 to end in a 2.75%-3.00% range.
The RMB Yuan Exchange Rate from 7.09 to 7.03 to the dollar after the news .As a result , new quotation for the inquiry of wire mesh nail get higher.
Our company try to keep the price with previous Even to reduce again and again of our profit.
The way we thought about it before the announcement is that you know a 50-basis point cut is dollar negative. If they had cut by 25 bps, there were different scenarios where the dollar could perform. But a 50-basis point cut is unambiguously dollar negative Now.
What will the future form of economic investment be, Experts are constantly analyzing and predicting.
Wish The shortage of dollars in some countries can be solved in the short term .

What does a cut mean for mortgages, car loans, and other debt?
A cut will bring some welcome relief to borrowers, though it will likely mean that some banks knock down the rates they are offering savers too.
Lower interest rates tend to boost stock prices .
First, it means companies can borrow debt for less money and reinvest it to make the business more profitable.
Second, lower rates mean savings accounts and some other kinds of investments become less attractive, so investors tend to move their money towards things like stocks.
Market will be lively !