Last night, the market was bathed in a favorable spring breeze, and today's opening showed a strong upward momentum, with a sharp momentum.
The latest speech of Powell, the leader of the Federal Reserve, has become a powerful engine for the market to soar. He clearly stated that the recent continuous release of inflation data has greatly boosted the optimistic expectations of policymakers on the future direction of the economy.
Powell further elaborated on his views, emphasizing that if the Federal Reserve adheres to the strict standard of reducing the inflation rate to 2% before considering cutting interest rates, it may fall into a long waiting period, thus missing the golden opportunity to promote a steady recovery of the economy.
This forward-looking statement, like a spring breeze, has injected vitality into the market and is regarded as an extremely positive signal, which has greatly boosted investors' confidence and enthusiasm for participation and promoted the market's positive response.