Wu said this week's macro indicators and analysis: Last week, the US CPI in March was lower than expected. At the same time, the minutes showed that officials expected core inflation to slow down significantly next year, and the interest rate hike cycle may be coming to an end. However, the minutes also showed that the banking crisis may lead to a recession in the US economy this year. The market narrative is about to...

Wu said this week's macro indicators and analysis: Last week, the US CPI in March was lower than expected. At the same time, the minutes of the meeting showed that officials expect core inflation to slow significantly next year, and the interest rate hike cycle may be coming to an end. However, the minutes of the meeting also showed that the banking crisis may lead to a recession in the US economy this year, and the market narrative is about to change.