#越南加密政策 , but there will be a Federal Reserve meeting next, and the key is still to look at Powell's speech attitude.

Let's talk about our situation, there are several core data points:

First, the deficit rate is set at 4%. Previously, we mainly focused on 3, marking the first time in recent years that the deficit rate has been raised. To explain, this means the government is willing to take responsibility, which implies a willingness to inject liquidity.

Second, the inflation data is set at 2%. Previously, it was 3, but now the monthly CPI is just around 0.x, making a target of 3 too distant.

This adjustment of the target is a positive sign, indicating that higher authorities have recognized the issues and are facing them. It's a significant positive.

Third, issuing 1.3 trillion in special national bonds, which is slightly less than market expectations, but one point is worth noting: this time, 500 billion was issued to support state-owned large commercial banks in replenishing capital.

There are rumors of rescuing banks, and this wave has landed. Why do banks, which earn so much profit every day, still need to issue bonds to them? Because while banks are making money, they are also burdened with the huge risk of real estate. Rescuing real estate is too difficult, so it's better to support the banks as a backup.