#MEME法案 , but the upcoming Federal Reserve meeting is still key, especially regarding Powell's attitude in his remarks.

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

First, the deficit rate is set at 4%. Previously, we focused on 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 it is willing to inject liquidity.

Second, the inflation target is set at 2%. It used to be 3, but now the monthly CPI is around 0.x, making a target of 3 too distant.

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

Third, the issuance of 13 trillion in special national bonds, which is slightly less than market expectations, but one point worth noting is that this time, 500 billion was issued to support large state-owned commercial banks in replenishing capital.

There are rumors about saving the banks, and this has been realized. Why issue bonds to banks that are making such huge profits daily? Because although the banks are profitable, they are also burdened by the enormous risks in real estate. Saving the real estate sector is too challenging, so it's better to secure the banks as a backup.