Today's PPI monthly rate is also based on yesterday's CPI data. Like yesterday, it can be interpreted as one step closer to a rate cut or a step closer to a recession. Therefore, this rate cut must be a rescue rate cut for a recession. This may lead to a high point before the interest rate cut, which is the last chance to escape, and then fulfill the prerequisite of a rescue style interest rate cut, such as a stock market or economic downturn