#BTC突破100K , but next there is still the Federal Reserve meeting, the key still depends on Powell's attitude in his speech.
Next, let's talk about our core data:
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 raised. To explain, this indicates the government's willingness to take responsibility, meaning 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.x each month, making the target of 3 too far-fetched.
This adjustment of the target is a positive sign, indicating that the higher-ups have recognized the problem and are facing it. It's a very significant positive.
Third, issuing 1.3 trillion in special government bonds, which is a bit less than the market expected, but one point is worth noting: this time, 500 billion was issued to support state-owned large commercial banks in replenishing capital.
There are rumors that this will save the banks, and this wave has landed. Why do banks that make such large profits still issue bonds? Because while banks are profitable, they also bear the huge burden of real estate. It's too difficult to save the real estate sector, so it's better to support the banks as a backup.