$SOL g, but next there is still the Federal Reserve meeting, and the key is still to see Powell's attitude in his speech.
Next, let's talk about our situation, there are a few core data points:
First is the deficit rate set at 4%. Previously, we were mainly at 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 data is set at 2%. Previously, it was set at 3, but now the monthly CPI is only around 0.x, so setting a target of 3 is too distant.
This adjustment of the target is a positive sign, indicating that the higher-ups have already seen the problem and are facing it. This is a very big positive sign.
Third, the issuance of 1.3 trillion in special government bonds, which is slightly less than the market expectation, but there is one point worth noting: this time, 500 billion was issued to support state-owned large commercial banks in replenishing capital.
There are rumors of rescuing banks, and this wave has landed. Why do banks, which make such large profits every day, still need to issue bonds to them? Because although banks are profitable, they also bear the huge burden of real estate. Rescuing real estate is too difficult, so it is better to preserve the banks as a backup.