To sum up Powell’s speech, inflation has not come down yet, and raising interest rates has not had any effect. The main reason is the impact of the supply chain. Next, it depends on whether the job market is balanced. It is impossible to raise interest rates significantly, but it will still be small. The amplitude has increased, or even continued at a high level. It depends on the subsequent employment market situation and the decision on the U.S. debt to come online on June 1! #美联储利率决议 It is not yet possible to make a conclusion whether it is long or short.