#meme币狂欢 , but next there will be a Federal Reserve meeting, and the key will be to see Powell's speech attitude.

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

First, the deficit rate is set at 4%. Previously, we were mainly at 3, which is 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 means they are willing to inject liquidity.

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

This adjustment of the target is a positive development, indicating that the higher-ups have recognized the issues and are facing them. This is a very significant benefit.

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

There are rumors that they will save the banks, and this has landed. Why do banks, which make such large profits every day, still need to issue bonds to them? Because although banks are profitable, they also bear the huge burden of real estate. Rescuing real estate is too difficult, so it is better to protect the banks as a backup.