I have only seen a country using financial means to explode a country that made a small mistake in finance, as well as relying on the difference in financial size to explode small economies. I have never seen anyone explode an industrial Cthulhu using financial means. In a nutshell, while you are exploding Cthulhu, Cthulhu is also exploding you.
The Fed's rate hike is to explode China. Today, if China is not exploded, the mission is not accomplished, what to do?
The Fed is raising interest rates to explode China, regardless of their own small and medium banks in China, even the larger ones in the United States are messed up. If it weren't for the U.S. government and the Fed singing in harmony, systemic risks in the U.S. banking system would have arrived long ago.
Today, the interest rate cuts are starting, once the water of the world is drawn out, it may never come back. The two countries swap their own currencies, abandon the dollar, the collapse of U.S. Treasury bonds, it now seems to be just a matter of time. America, you really shouldn't bow your head, as one bow and the crown falls off.

It is very likely that interest rates will not be cut until China collapses.