I didn't stay up late to watch Powell's speech, I got up early to take a look, which was actually expected. Because according to the usual style of the Federal Reserve, it is impossible to lower the expectation of interest rate cuts in the market so early. It is necessary to suppress the market sentiment before lowering it, because he does not have many bullets left in total. If he lowers the expectation of interest rate cuts in the market now, then the good news will be exhausted when the interest rate is really cut. Therefore, Master Bao's performance actually confirms the previous speculation that there will definitely be a decrease in May and June, just to maintain the authoritative position of the Federal Reserve and deliberately manipulate the market to show off