The latest economic data released basically meets market expectations, showing that inflation is still on the rise, while wage income has slightly decreased. Nevertheless, the U.S. stock market performed steadily in pre-market trading, without significant fluctuations. Bitcoin, as a digital asset, continues to move in line with U.S. stocks.

It is worth noting that Besant has once again emphasized that the selection process for candidates for the Federal Reserve Chair has already begun. This news indicates that the market may not pay excessive attention to short-term inflation trends, but rather shift its focus to personnel changes at the Federal Reserve.

Industry insiders expect that the U.S. government is likely to express its stance on the new Federal Reserve chair nominee within this month. The market generally believes that the selection of the new chair will put pressure on the current chair, Powell, and may even trigger divisions within the Federal Reserve.

The development of this series of events is worth close attention, as it may have far-reaching effects on the financial markets. Investors should closely monitor the selection process of the Federal Reserve Chair and the subsequent policy changes. At the same time, it is also important to continue monitoring inflation data and changes in the employment market, as these factors will influence the future economic trends and market performance.