According to Jinshi data reports, on November 8, Powell did not provide new forward guidance at the press conference, and U.S. short-term Treasury yields hardly changed. Jackson Garton, co-Chief Investment Officer of Makena Capital Management, stated that the possibility of the Federal Reserve cutting rates in December is over 50%, but not certain. He believes there is a greater likelihood of continuing to cut rates by 25 basis points at the next meeting.