The current script should be to elect a new chairman of the Federal Reserve this month. If the candidate is a director of the Federal Reserve, it may exert pressure on Powell from within the Federal Reserve. Now Bauman and Waller have sprung up. If Waller is elected, there will probably be more people standing in the line of Trump within the Federal Reserve. On the one hand, this will increase the internal game of the Federal Reserve, increase market expectations for interest rate cuts, and on the other hand, it is to reduce the pressure of tariffs and fiscal deficits. This is the most practical. If interest rate cuts are not really released, and they are rapid, the fiscal pressure of the United States will continue to drain in the market.