ds intends to change the direction of the Fed.
First, prepare to cut interest rates, that is, prepare to create a bubble in the financial market. They want to absorb funds before creating the bubble. This is one aspect;
Second, start to release dovish information. Dovish information means admitting that the Fed has failed comprehensively in the past two years of stagflation. The interest on US debt cannot be paid back. Financial tycoons continue to push up US stock indexes (currently there is a huge demand for a correction), the real economy is in a mess, and international trade crises are numerous;
Third, only by releasing bad economic news can interest rates be cut. Bad economic news will cause a sharp drop in the short term. The period of 2019-2020 was similar to the above three tricks.
The younger brothers who look at the Fed's face also have the same routine. The boss said that the bad economic news would be released, and the next step is to cut interest rates, and the younger brothers must follow. So the financial market is converging.