ChainCatcher news, according to Jin Ten report, Huatai Securities fixed income research indicates that the current situation in the United States suggests that employment growth faces downside risks, which may require a policy adjustment. After Powell's speech, the market traded the Federal Reserve's easing, the probability of a soft landing for the U.S. economy has increased, and a 25 basis point rate cut in September is expected to be the baseline scenario, with the probability of two 25 basis point rate cuts in the fourth quarter potentially higher than one.