#以太坊的未来 , but next there will be a Federal Reserve meeting, and the key is still to see Powell's attitude in his speech.

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

First, the deficit rate is set at 4%. Previously, we mainly focused on 3, which is the first time in recent years that the deficit rate has been increased. 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 CPI is around 0.something every month, making the target of 3 too distant.

This adjustment of the target is a positive sign, indicating that the leadership has recognized the problem and is facing it. This is a very significant positive signal.

Third, they are issuing 1.3 trillion in special national bonds, which is slightly less than market expectations, but there's 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 initiative has materialized. Why do banks, which make such large profits every day, still need to issue bonds? Because while banks are profitable, they also bear the huge risk from the real estate sector. It's too difficult to save the real estate sector, so it's better to protect the banks as a backup.