The Federal Reserve remained on hold as expected, and geopolitical conflicts triggered an overall adjustment in the A-shares. Attention is on the A500ETF fund (512050) and other core broad-based indices

The Federal Reserve maintained interest rates as expected, and the three major A-share indices collectively adjusted, with the A500 ETF Fund (512050) falling by 1.3%. Federal Reserve Chairman Jerome Powell stated that short-term inflation expectations have risen, and discussions about interest rate cuts have been mentioned, facing obstacles for future rate cut policies. China Merchants Securities recommends focusing on sectors such as power equipment, crude oil, and chemicals. The A500 ETF Fund has advantages such as low fees, good liquidity, and large scale, making it suitable for investors to allocate core A-share assets