The market data for #美联储FOMC会议 is glaringly obvious: 97.2% of people are betting that interest rates will remain unchanged, while only 2.8% are daringly speculating on unexpected rate cuts. But don't be fooled by these numbers; the futures market has already exploded—huge amounts of capital are frantically betting on three consecutive rate cuts in the second half of the year!

Now, the entire financial circle is focused on two numbers: April's non-farm payrolls (an increase of 177,000) and core PCE inflation. If the inflation data causes any trouble, the first rate cut will definitely be delayed from June to July, and the interest rate range of 4.25%-4.5% will have to endure for another three months. To be frank, as long as there are no rate hikes, it's considered a win; even a delayed rate cut is still positive!