Data on May 16 showed that the number of initial jobless claims in the United States that week was 222,000, higher than the expected 220,000. The easing of the job market and the resumption of the downward trend of inflation have increased the possibility of a rate cut in September.

Fed Williams is more optimistic about inflation than traders. Williams expects the inflation rate to fall to 2.5% by the end of this year (market expectations are 3.05%). If Williams's prediction is correct, it means that the Fed may cut interest rates earlier than the market expects.

The market fell a lot in the past few days. At present, there are no factors that change the cyclical nature of the big cake bull market. US inflation is falling and interest rate cuts are being discussed. As long as the familiar bull market is behind, it is worth waiting for time and calm down. This is how the big cake has come in the previous few cycles! #币世界中本聪 #跟着驰哥学交易