#美联储政策 Seeing the new year's FOMC outlook, the statements from the Cleveland Fed President are worth serious consideration. Interest rates frozen until spring, inflation remains the core concern—this underlying logic actually reminds us: market uncertainty is still significant.

Previously, three consecutive rate cuts excited everyone, thinking the easing cycle had arrived. But from the official stance, they are actually applying the brakes. Tariff impacts still need to be digested, and whether commodity prices can truly fall back remains to be seen. This "wait and see" attitude precisely demonstrates what caution looks like.

My understanding is that, during such periods of unclear policy shifts, rather than guessing when interest rates will be cut again, it's better to focus more on your own asset allocation. Check whether your positions are too heavy, and whether your cash reserves are sufficient to handle possible volatility. In the long run, what can truly help us navigate uncertainty is never about predicting the next move of the central bank, but about leaving enough buffer space.

Stability is the best choice at this stage.