Now, the topic of the Fed's interest rate cut is frequently mentioned in various fields. Through the meeting of the China-US Financial Working Group on August 20, we can see that the possibility of the Fed's US dollar interest rate hike exists, because the market is now speculating on the extreme nature of the Fed's interest rate cut, and compared with the fundamentals of the US economy and US companies, it may not be suitable for the Fed's interest rate cut. Compared with this financial meeting between my country and the United States, it may be compared with its counterparts, which should arouse our high attention. On the one hand, my country's central bank is the one who manages foreign exchange reserves and gold reserves and is the maker of monetary policy, while the other party is not the Federal Reserve and the US central bank, but the US Treasury Department. The US Treasury Department is mainly responsible for raising funds, taxation and issuing bonds, and management should be the main responsibility of the US Treasury Department. It can be clearly revealed here that the issuance of US treasury bonds requires foreigners to actively purchase them, and as the functional department of foreign exchange management, the significance of this consultation of the People's Bank of my country is very important to the intention of the United States. Compared with the issuance of treasury bonds, there has been an increase in holdings. The latest data in June has risen by 3%, and the end of September is the fiscal year of the United States. This phenomenon tells us that the Fed's interest rate cut in September may be just speculation. The current level of the US dollar exchange rate has reached 101 points, so in the future period, how the US dollar will trend, whether the Fed will maintain interest rates or raise interest rates, is very important. The interest rate cut that is a hot topic in the market may be a hype strategy of the Fed. I boldly guess that it may actually be for the purpose of raising interest rates, and the Fed's interest rate cut is just a bluff. $BTC $ETH $SOL #杰克逊霍尔年会 #美国CPI数据连续第4个月回落 #美国7月PPI低于预期