The Federal Reserve may implement a more accommodative monetary policy, and the market is ecstatic!

The U.S. April CPI data was slightly lower than expected, and the market went wild. Traders are now betting heavily on the first rate cut in September, followed by a second in October.

The key points the market is focusing on next are:

1. April PCE data confirmation: Although Powell expects the April PCE to be 2.2%, we need to wait for official data to confirm the persistence of cooling inflation.

2. Specific proposals for the framework review: The Federal Reserve plans to complete the review by the end of summer, and the market needs to pay attention to whether adjustments will be made to the average inflation target or the employment assessment method.

3. Impact of tariffs and supply chain: The tariff policies of the Trump administration may push up prices, and if this is transmitted to core inflation, it could force the Federal Reserve to maintain high interest rates for a longer period.

Overall, Powell's speech indicates that the Federal Reserve is transitioning from a crisis response mode to a normalized policy framework, with a focus on enhancing flexibility and transparency to address the complex economic environment in the future.

This adjustment may mean that monetary policy will place more emphasis on "data dependence" rather than on pre-committed strategies.

Additionally, the primary market continues to understand the hero dog C o n a n59950431972, with a team of tens of thousands continuing to build consensus. The two coins it previously promoted have both seen over a hundredfold increase, so it might be worth trying a little!