Last week, friends were still lamenting "high interest rates will last until next year." Have they quietly increased their positions in the past two days? Market sentiment reversal speed is comparable to a roller coaster—regarding the Fed's rate cut in December, bets have shifted from "a probability" to "a certainty" in just one week.

Don't just scroll through vague financial commentary; see what the hard data says: mainstream interest rate expectation tools show that the December rate cut, which previously had only a 40% chance, has now jumped to 85%! Note, this isn’t retail investors shouting in online communities; this is market consensus backed by real money from institutions. Remember how some influencers confidently claimed last week that "high interest rates will at least last until mid-next year"? The slap in the face came so quickly.

As a market observer tracking Federal Reserve policies for many years, I must say this shift is not unfounded. Three key signals have already written the answer on the wall, especially the last one, which directly impacts your position decisions:

**Signal One: The beast of inflation is really beginning to doze off.**
Everyone saw the latest core PCE data, right? The month-on-month growth rate was below market expectations, even the most stubborn service sector inflation is showing signs of fatigue. Previously, Powell kept saying "fight inflation" as a mantra, but now his ammunition is running out. It’s like you’re worried a project might infinitely dilute the stock, but then the team suddenly announces a large-scale buyback and destruction—how can the market not get excited?

**Signal Two: The employment market has shifted from "booming" to "moderate."**
Although the non-farm payrolls are still growing positively, the number of new jobs has declined for two consecutive months, and the unemployment rate is subtly rising. The Fed’s biggest headache is "inflation not under control, economy cooling down first," and now employment data is just in a lukewarm balance—this effectively signals a green light for rate cuts.

**Signal Three: (Content to be continued)**