According to Jinshi, institutional economists Stuart Paul and Estelle O said that the conditions for the Federal Reserve to take interest rate cuts in the coming months are in place. They expect the Fed to begin lowering the federal funds rate target range in March to achieve a soft landing. More US data will be released next week, the most important of which is the monthly employment report on Friday. In addition, job vacancies and consumer confidence data to be released on Tuesday, as well as the quarterly employment cost index to be released during the Fed meeting on Wednesday, will also help reflect the strength of the spending outlook.