#降息预期 Seeing the Federal Reserve cut interest rates by 25 basis points as scheduled this time, I have become even more calm. Three consecutive rate cuts have already reached the "preventive rate cut" endpoint, and next year's dot plot shows only one rate cut. This signal is quite clear—the room for monetary easing is already limited.

What’s more noteworthy is that Powell emphasized the labor market is gradually cooling, but inflation risks still lean towards upward. This indicates that the Fed faces a dilemma: the economy may soften, but inflation remains a concern. In such uncertainty, market reactions can be very volatile—you see Bitcoin once surged to $94,000, then fell back to over $91,000.

I want to remind everyone that during these policy shifts, it’s a test of position management and mindset. Don’t be fooled by short-term fluctuations, and avoid increasing leverage amid uncertainty. Instead of guessing how policies will change next, focus on reviewing whether your asset allocation is truly suitable for long-term holding. The turning point of the rate cut cycle is often a good time to reorganize your investment structure. Being prudent is not boredom, but being able to stand firm at every market turning point.