ATFX：etfThe difference between options and stock index options

The Federal Reserve is closely monitoring service sector inflation - after removing costs related to energy, food, and housing; Officials say that inflation in the service industry is closely related to the labor market and wage increases (stemming from employers attempting to overcome severe employee shortages). The rate of wage increase has fallen from its peak, but employment growth remains strong, and the unemployment rate is still hovering near historical lows.


The concern is that price pressures related to services will be difficult to eradicate, requiring a period of extremely low growth and higher unemployment rates. Since last year12Since the monthly meeting, Federal Reserve officials have issued a unanimous message that the federal funds rate is likely to exceed5%And in the2023Only by maintaining this level throughout the year can inflation be contained. The target range for the federal funds rate is currently4.25%to4.5%。


From the current market pricing perspective, the market does not agree with such predictions, but rather believes that the Federal Reserve will raise policy interest rates slightly below5%And will start lowering interest rates before the end of the year.