#美联储货币政策 Looking back at past market cycles, the Federal Reserve's monetary policy has always had far-reaching impacts. Currently, officials' remarks have once again sparked market speculation about a rate cut in December. This inevitably reminds me of the period following the 2008 financial crisis. At that time, successive rate cuts and quantitative easing policies did save the market but also planted the seeds for future inflation risks.

The current situation is somewhat similar, yet also different. Inflation is indeed receding, but there is still some distance from the 2% target. The market's eagerness for rate cuts is understandable, but I believe the Federal Reserve will not act rashly. They are more likely to take a wait-and-see approach, waiting for more data to support their decision.

From historical experience, cutting rates too early could trigger asset bubbles, while delaying action might mean missing the window for a soft economic landing. Striking this balance requires precise judgment. Regardless of the final decision, we should remain vigilant and closely monitor the impact of policy changes on various assets. After all, in this complex financial world, opportunities and risks often coexist.