Rate hike finally lands! Fed tightening cycle may restart, global markets may face chain shocks.

Zhito Finance APP has learned that the Federal Reserve is tightening monetary policy, and its impact is likely to extend far beyond the United States. On Wednesday, the Federal Reserve announced an increase in the target range for the federal funds rate by 25 basis points to 3.75%4%. This is the first rate hike by the Federal Reserve since July 2023. More notably, the latest dot plot, which tracks the Fed's future policy operations, shows that of the 18 officials who submitted interest rate projections, 16 expect at least one more rate hike within the year.