ChainCatcher news, according to Jinshi, Birgit Henseler, an analyst at the German Central Cooperation Bank, said that the money market is still divided on the Fed's first rate cut of 25 basis points to 50 basis points, but there are several reasons that the Fed should not take major measures.

She said in a report: "Neither the labor market data nor the recently announced inflation rate indicate the need for a sharp rate cut." Henseler said that the situation in the labor market indicates an economic slowdown rather than a recession, and the core inflation rate has recently proved to be more stubborn than many market participants expected due to rising housing and other service costs.