According to online reports, Goldman Sachs 'latest research report pointed out that the Federal Reserve's willingness to cut interest rates has become increasingly clear, and the recent trend of the U.S. interest rate market has already responded. This trend is mainly driven by four key factors. First, the Fed's policy stance is undergoing a subtle shift. Second, uncertainty about trade policy has dropped significantly. Third, the labor market shows signs of an overall slowdown. Finally, markets began to digest the potential impact of changes in the Fed's leadership in advance. The report particularly emphasizes that the evolution of the geopolitical situation in the Middle East, the possible market overreaction caused by the change of the Federal Reserve Chairman, and uncertainties such as the risk of monetization of fiscal deficits may all become key variables that disrupt the current market balance.