When it comes to interest rate cut expectations, Stephen Roach, a senior fellow at Yale University and former chairperson of Morgan Stanley Asia, pointed out that the Federal Reserve will not rush to adjust policy due to political pressure. But on the other hand, the fragility of the labor market, coupled with the disturbance of tariffs, may prompt the Federal Reserve to shift to a more accommodative stance. Although the current risks have changed, the magnitude is not yet dramatic, and the foll...