Unemployment is still very low, inflation is falling, and if Powell decides not to raise interest rates, we will have to wait until next year to cut interest rates, most likely in May next year. The yield of the 10-year U.S. Treasury bond has risen sharply. Due to the rise in interest rates, the U.S. dollar index is also strengthening. Although the current upward trend has slowed down, whether it continues to rise is also a point worth observing.