Oil prices remain high, the United States has already raised interest rates, and Japan may follow suit on Friday Today, the Federal Reserve raised interest rates by 25 basis points, bringing the rate to 4%. Before and after Walsh's speech, the US dollar index rose above 100 in intraday trading, with 2-year Treasury yields exceeding 4.7% and 10-year yields once again exceeding 5%. The US stock market also fluctuated repeatedly. Walsh believes that the US economy and employment still have support, but the rise in prices has not improved significantly, which also means that there is still a possibility of further interest rate hikes in the future. For enterprises and investors, the interest rate on borrowing money cannot be reduced, and borrowing money after maturity may require paying more interest. Investors will also be more hesitant to borrow money to invest in risky assets. The important thing is to also add the issue of Hormuz. Walsh himself admitted that raising interest rates cannot open the Strait of Hormuz, nor can it directly solve the problem of high oil prices. What the Federal Reserve hopes to prevent is that oil prices will further drive up prices of other goods and services. Raising interest rates can help people borrow less, consume less, and reduce investment for businesses, thereby easing the pressure of price increases. However, the decline in oil prices still needs to address the issues of the United States and Iran. The oil price remains high, the interest rate on borrowing has risen again, and the production and transportation of goods by enterprises are more expensive. Ordinary people spend more money on refueling and buying things, and the burden of repayment may also increase. In the end, they can only reduce other expenses. If Japan raises interest rates from 1% to 1.25% as expected by the market on Friday, the cost of borrowing Japanese yen will also increase. If the Japanese yen rises rapidly afterwards, some people who used to borrow yen to buy overseas assets may need to spend more dollars on the same debt and may sell their assets to repay the money first. So if oil prices continue to rise, inflation data released is higher than expected, and US bond yields continue to rise, we need to be more cautious about the rebound of US stocks and Bitcoin. If there is a rapid appreciation of the Japanese yen and a massive decline in both the US stock market and Bitcoin: native, we should also be vigilant about the pressure of selling assets to repay debts. After all, the supply problem caused by Hormuz has not been resolved yet. As long as oil prices continue to rise, inflation may increase, and the United States, Europe, and Japan are likely to continue raising interest rates. @Gate Crypto、 US stocks, Hong Kong stocks, South Korean stocks, gold CFD、 Predicting one-stop trading in the market