#美联储重启降息步伐 Wednesday this week, the market faces a rare confluence of multiple pressures, with almost every sector holding its breath.

Japan has just experienced a magnitude 7.6 earthquake, which not only tore apart its disaster prevention system but also disrupted the central bank’s policy rhythm. The yen depreciated in response, and the Bank of Japan’s planned rate hike is now almost certain to be postponed—this is the first major variable in months. Meanwhile, across the Pacific, the Federal Reserve is also preparing to act. A rate cut in December is basically a foregone conclusion (with an 87% chance priced in by the market), but Powell’s wording at the press conference will determine the direction of subsequent policies: Will the dot plot suggest “only this one time”? How deep are the internal disagreements about the economic outlook? These details often spark market volatility.

Global central banks are in a delicate wait-and-see period, and US stocks and the bond market have already started to react in advance—large funds are gradually reducing risk exposure under the cloud of uncertainty. This time, it’s not just a simple rate decision, but a complex collision of natural disasters, policy expectations, and global dynamics. The real market action might only just be starting after the “good news” is priced in.

$BTC $ETH $BNB What’s your take on this?