The King of Knowledge will likely continue to strictly urge the Federal Reserve to bring inflation closer to 2%, as the closer it gets, the harder and slower it becomes. To lower unemployment ahead of the midterm elections, the King of Knowledge will have no choice but to cut interest rates. However, unemployment may be difficult to rescue, as AI has already replaced many low-end customer service and administrative positions. The Big Beautiful Act will likely cause U.S. debt to exceed $40 trillion, ultimately forcing the Federal Reserve to shoulder the burden. The Fed's solution will be to flood the market with liquidity, diluting the debt and causing it to depreciate. Powell probably has only a few months left before he may no longer resist the King of Knowledge directly. In short, flooding the market is the prevailing trend, and global assets will continue to dance. Therefore, it's highly unlikely the market will revisit its previous lows before March, and the probability of a rate cut in March is rising.