According to reports from Jinshi Data, U.S. President Trump continues to pressure the Federal Reserve to cut interest rates. Recent poor employment data has increased market expectations for rate cuts this year, which is favorable for stock market performance in the short term. Tao Chuan, chief economist at Minsheng Securities Research Institute, stated that cutting interest rates is unlikely to resolve the U.S. government's debt and stagflation issues. The imported inflation caused by the depreciation of the dollar will affect the effectiveness of rate cuts, while in a high-interest environment, the U.S. private sector holds more government bonds, and rate cuts may harm American wealth.