The Fed's shift has undoubtedly led global policy expectations. At the interest rate meeting on December 14, the Fed gave a "Christmas gift" - maintaining the federal funds rate at 5.25% to 5.5%, marking the third consecutive suspension of interest rate hikes. More importantly, the meeting statement added the statement that "inflation has eased significantly over the past year", and also believed that "the strong economic growth has slowed down", suggesting that the interest rate hike cycle has ended, which was unexpected by the market. #CommunityAMA