$BNB , but there will be a Federal Reserve meeting next, and the key is still to observe Powell's attitude in his speech.

Let's talk about our core data:

First, the deficit rate is set at 4%. Previously, we mainly had a rate of 3, marking the first increase in the deficit rate in recent years. To clarify, this represents 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 monthly CPI is around 0.x, making the 3% target too distant.

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 development.

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

There are rumors about rescuing banks, and this wave has landed. Why do banks, which make such large profits daily, still need to issue bonds? Because while banks are profitable, they also bear the huge risk of real estate. Rescuing the real estate sector is too challenging, so it’s better to support banks as a backup.