Although the market is pricing in a rate cut in September It is equivalent to starting the second round of interest rate cuts When I cut interest rates for the first time, I discussed a problem What is the purpose of cutting interest rates? Inflation is just the state of the economy Capital only needs to ensure the livelihood of enterprises, not the people, so the unemployment rate is only a political bargaining chip The first round of the suspension was to divert capital flows to the United States, and the Mar-a-Lago agreement and the "innovation tariff" could testify. Descended to keep it. When will you come in, I will go out. Only by figuring this out can you find the entry point for interest rate cut trading.