#行情震荡下行，牛还在吗？

According to reports, last week's June non-farm employment data in the United States showed a significant decline, and the unemployment rate rose to 4.1%, enhancing market expectations that the Federal Reserve may cut interest rates this year.
Powell stated at the Central Bank Forum in Europe that despite progress in controlling inflation, he hopes to see more long-term progress before beginning to lower interest rates.
In addition, the number of initial jobless claims in the United States last week was slightly higher than expected, and the minutes of the Federal Reserve and the European Central Bank meetings both showed that inflation is declining but not yet sufficient to initiate interest rate cuts.
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