#通胀与经济增长 Recently saw that the Federal Reserve might cut interest rates. I initially thought this was good news, but the more I look, the more confused I get...🤔

I just realized that weak employment data and rising unemployment rates—aren't these bad signs? Why do they become reasons to cut rates? I later understood that weak employment means less wage pressure, which allows the central bank to cut rates to stimulate the economy. But the problem is, it’s not that simple—

After reading a report, I found out that consumer credit card debt has already exceeded $1.2 trillion, with an average interest rate over 20%!💳 CPI is decreasing, but it’s still above the 2% target. It seems that although rate cuts might support asset prices, the underlying economic condition is actually quite fragile—on one side, employment is weak; on the other, everyone is heavily in debt.

Does this mean that the "cure" of rate cuts might be less effective? Feels like market volatility could be even more intense than expected...😅 Can someone knowledgeable help me understand how risk assets might move in this situation?