The Federal Reserve announced on Wednesday that it would cut its benchmark interest rate to a target range of 4.75% to 5.00%. This is a half-percentage point reduction from the previous range of 5.25% to 5.50%. Before the rate cut, people had speculated whether the Fed would choose a large rate cut or a smaller adjustment of 25 basis points. In the early days of the COVID-19 pandemic, the Fed lowered interest rates to the lowest level to stimulate the economy, and then launched an aggressive policy tightening cycle in March 2022 to fight runaway inflation. After 11 rate hikes, the Fed has kept interest rates at their previous highs for more than a year.
At the SMX Convention Center in Manila, Philippines, from June 27th to 29th, 2024, BE-WIN Group participated in the 27th Graphic Expo Philippines. They showcased acrylic sheets, PVC foam boards, and aluminum composite panels, drawing attention for their high quality and versatile applications.
From February 28th to March 2nd, 2024, BE-WIN Group once again participated in the Shanghai APPP EXPO, demonstrating its leading plastic sheet products and over a decade of experience in production and sales. This exhibition serves not only as a platform for product showcase but also as a crucial occasion for in-depth communication and cooperation among international exhibitors and attendees.