To add a sentence, in the case of repeated inflation, the Fed's choice to cut interest rates by 50 basis points, the market's speculation is that the economy may or has already encountered problems, and the Fed has obtained information that the market does not have, which is the main reason for the market's panic. According to the attitude of the Fed and Powell, the initial interest rate cut in September was already due to the rise in the unemployment rate, and it should be known that the dot plot in June was only one and a half times, and it was not easy to return to the initial three times by the start of interest rate cuts in September. However, if the interest rate is cut by 50 basis points in September, it is very likely that the dot plot in September will rise to 100, which is clearly telling the market that there are problems in the US economy, and this is the main reason for the market's concern. Of course, the key is still to see how the Fed explains it, and whether the market will believe it. However, if the Fed only cuts interest rates by 25 basis points, Nick's pressure will be relatively large. From the current point of view, the simplest understanding is that 25 is good news and 50 is bad news, and this sentence has been said for two weeks. This tweet is sponsored by @ApeXProtocolCN | Dex With ApeX.