The Fed's interest rate hike is bad for gold and silver, because the Fed's interest rate hike means that the US economy is strong, which will make a large amount of global funds flow into the United States. Investors can invest in the American market in many ways, which will lead to the rise of the dollar. Some dollar-denominated commodities, precious metals and foreign exchange markets will all fall, which is also bad for the stock market.

The Federal Reserve is known as the Federal Reserve System in the United States, and it is the institution that formulates monetary policy in the United States. Like China's central bank, its duty is to maintain a reasonable inflation level in the region and stabilize the financial market, that is, to adopt a tight monetary policy when inflation occurs, such as raising interest rates, and a loose monetary policy when deflation occurs, such as lowering interest rates.

What makes traders feel uneasy about the Fed's interest rate hike path is that national debt is more sought after before the March meeting expires;

① The tender for US Treasury bonds on Thursday showed that investors who expect the Fed to raise interest rates prefer short-term treasury bonds to longer-term treasury bonds, because this year's interest rate path may make longer-term varieties face greater uncertainty;

The four issues of national debt issued by the Ministry of Finance are very popular. These bonds will expire on the eve of the Fed's policy meeting in March, but they are more cautious about the eight-issue bonds. Under the expectation that the Federal Reserve began to raise interest rates and shrink its table, this market situation continued.

The major changes in the US interest rate market on Thursday gave buyers more reasons to be cautious. St. Louis Fed President James Bullard expressed support for raising interest rates by a full percentage point before the beginning of July, including raising interest rates by 50 basis points for the first time since 2000 to cope with the worst inflation in 40 years;

Thomas Simons, an economist at Jefferies, said: "If you buy bonds due after this meeting, you risk being hit by a 50 basis point interest rate hike. "I don't think the market is convinced of this, but I am also afraid that I will be caught off guard if I am not careful";

⑤ The money market now expects the Fed to raise interest rates by one percentage point in the next three meetings, which means that one meeting may raise interest rates by 50 basis points, or officials may hold an unplanned emergency policy meeting to raise interest rates.