#Metaplanet增持比特币 , but the next focus is on the Federal Reserve meeting, and the key is still to see Powell's stance in his speech.

Next, let's discuss our core data:

First, the deficit rate is set at 4%. Previously, we mainly targeted 3, marking the first increase in the deficit rate in recent years. To explain, this means the government is willing to take responsibility, which means they are willing to inject liquidity.

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

This adjustment in target is a positive sign, indicating that the leadership has recognized the issues and is facing them head-on. A very significant positive.

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

There are rumors of a bank bailout, and this has come to fruition. Why do banks, which are making substantial profits every day, still need to issue bonds? Because while banks are profitable, they also bear the heavy burden of real estate risks. Rescuing the real estate sector is too challenging, so it's better to support the banks as a backup.