The US economic data is too inconsistent with the speculation of interest rate cuts. The University of Michigan Consumer Confidence Index rose from 67.9 to 69, while economists expected 68.5, reaching a four-month high. With the cooperation of PMI, CPI, and unemployment rate, and the subsequent assistance of PCE, does it mean that the soft landing of the US economy proposed by US Treasury Secretary Yellen has been successful? The Fed meeting is getting closer, let's wait and see.