The Federal Reserve will announce the interest rate decision on Friday (8th) Hong Kong time. Charles Schwab Hong Kong Limited financial advisor Lin Changjie stated that considering the recent economic data showing a soft landing remains stable, it seems unlikely that the Fed will maintain the interest rate unchanged.

He mentioned that it is still difficult to determine whether the trend of a soft landing in the US economy will continue in the coming months until the dust settles on the results of the US presidential election and its impact on inflation and mmf becomes clear. However, after two weeks of market turmoil, the bank currently expects that the upcoming interest rate decision results will provide investors with a clearer market outlook in the short term.

Charles Schwab also mentioned that a series of important company business data and economic data are about to be released, which is expected to make some investors hesitant to make significant adjustments to their positions.