The basic reduction of the balance sheet and expansion of the balance sheet, along with interest rate cuts, are closely related; these two typically appear together in the financial landscape. During the balance sheet reduction period, the goal of the Americans, to put it simply, is to encourage companies to borrow to buy government bonds and dollar assets. By Trump's term, most of the government bonds have already been sold. Once again, I remind you that the power of stopping the balance sheet reduction far exceeds that of interest rate cuts, which is a significant piece of Favourable Information. Looking at the data, a 25 basis point interest rate cut only brings about 50 billion in funds to the market in a year, while stopping the balance sheet reduction can bring over a trillion in capital circulation; this is not the same concept.