The imbalance between supply and demand caused by high inflation, rising energy prices and price pressure. The policy of American policy authorities is biased towards inflation, and the result of a sharp interest rate hike may be to effectively curb inflation, trigger an early recession, and have a strong inhibitory effect on global commodity demand. As the Ukrainian conflict and epidemic factors continue to disrupt the supply chain, inflation in the United States may continue to rise. Inflationary pressure and falling demand have dragged down the pace of manufacturing expansion, and the real estate market has cooled rapidly, damaging consumer confidence.

The Federal Reserve's GDP forecast may not be so optimistic, and the US interest rate hike will also have a corresponding impact on China's interest rate. In response to China's failure to raise interest rates, RMB assets will become unattractive. The increase in interest rates in the United States will increase the interest rate of central bank loans to commercial banks. If the central bank does not raise the loan interest rate to commercial banks, then commercial banks will continue to lend to the central bank because of the low interest rate. Domestic real estate will also be affected. Interest rates will go up. If the house price does not rise, the mortgage cost of buyers and the loan cost of developers will rise. The price of gold tends to fluctuate synchronously with the stock price and the dollar price.

The increase of interest rate means the increase of deposit and loan interest rate. After the deposit interest rate is raised, investors are willing to deposit their funds in banks. The increase of loan interest rate will make it difficult for enterprises to obtain financing, which will lead to the decrease of cash flow and the decrease of funds flowing into the stock market, which is not good for the stock market. As far as the China stock market is concerned, the funds in the US market will flow into banks, which will reduce the funds in the stock market and lower the stock price. America is the center of the global economy. When the American stock market falls, the stock markets all over the world will be affected. When the Fed raises interest rates, mainland funds or foreign capital will flow into the US capital market, which will lead to the appreciation of the US dollar and the depreciation of the RMB. After the devaluation of RMB, it is unfavorable to many enterprises. Especially for foreign trade enterprises, RMB depreciation means spending more money on raw materials, which is not conducive to the company's operation.