In recent market dynamics, remarks made by Federal Reserve System (Fed) official Waller have garnered significant attention. Waller indicated that he would support strong rate cut actions if needed. However, Crise points out that the market has overlooked the importance of the word 'if,' meaning that the decision on rate cuts is based on judgments under certain conditions. In his speech, Waller expressed optimism about sustained economic growth and elaborated on the role of the Taylor rule, as well as factors that may trigger a recession in the current environment. He further emphasized that policymakers need more data to determine the extent and pace of any easing, implying that no clear aggressive rate cut decision has been made yet. Coupled with Williams' earlier remarks, Crise believes there is insufficient evidence to suggest that the Federal Open Market Committee (FOMC) will cut rates by 50 basis points. Moreover, Waller mentioned that there is still ample room to adjust policy interest rates while maintaining a degree of restriction to ensure inflation levels stabilize at the 2% target. This indicates that although the market expects rate cuts, employment data and other economic indicators show that the current situation may not warrant such significant rate cuts. Therefore, Crise advises investors that the initial market reaction may be somewhat excessive and decisions should be based on a more comprehensive data analysis.