Recently, the Federal Reserve announced its first interest rate cut since 2020, cutting the federal funds rate by 50 basis points to 4.75% to 5.0%.
This policy shift marks the beginning of a new round of monetary easing cycle by the Fed, which is expected to make several rate cuts in the future.
The Fed's rate-cutting policy is aimed at addressing the downward pressure on the U.S. domestic economy, which, obviously, will also have a complex impact on the external economy.
The depreciation of the U.S. dollar, the appreciation of the renminbi, product prices, Product competitiveness will be weakened, then foreign traders will face greater competitive pressure.
Therefore, in order to cope with the fluctuation of the US dollar exchange rate,
We at Vertex support the signing of forward foreign exchange contracts, options, etc. to Lock in the future exchange rate and avoid the loss of profits caused by Large fluctuations in the exchange rate.
In addition, we can also try to use the euro, RMB and other currencies for settlement, in order to reduce the dependence on the dollar and diversify the exchange rate risk.
The following is one of our Vertex's recent hot-selling product models F4001 1, 4th Generation fire rated downlight 30 60 90 Minute Fire-rated Tested 2, Fully open design,lamp heat can escape totally. The life is longer. 3, The height is only 76.6MM, which is more suitable for short ceiling houses. 4, Reduced product height saves packaging space and transportation costs 5, Screwless electronics box design for easier installation, Saves labor and cost of installation 6, Four shell colors to choose from, support custom shell colors
As an experienced lighting wholesaler, we have a wide range of high quality professional LED downlights at competitive prices.
If you can't find what you need, or would like to discuss bulk pricing or item pricing, please contact us via the webpage.
