According to a report by Jin Ten Data, Deputy Governor of the Central Bank Zou Lan stated that the market generally expects the Federal Reserve to restart interest rate cuts in the second half of the year. Major developed economies are in a rate-cutting cycle, and market expectations for the Federal Reserve to cut rates are heating up. The misalignment of monetary policy cycles between China and the U.S. will improve, and the interest rate differential between China and the U.S. is expected to narrow.