Summary of Old Man Bao's Speech in the Early Morning

1: Inflation is now closer to the target, but still a bit high.

Implied meaning: Inflation has shown signs of rebound compared to before.

2: The labor market is not the source of inflationary pressure.

Implied meaning: You can guess the real reason; as long as I don't say it, I have a reason.

3: We do not need to rush to adjust the policy interest rate.

Implied meaning: Let's wait and see what the boss thinks later; if the gods are fighting, I will just wait.