Recently, the Fed's downgrade of economic data has sparked widespread skepticism in the market. Investors have questioned the credibility of the Fed's data, leading to a certain degree of selling in the US stock market and the Crypto Assets market. This emotional market reaction reflects investors' concerns about the accuracy of economic data.

At the same time, Trump continues to criticize the Fed's data revisions, further exacerbating market uncertainty. Even more unexpectedly, a Fed governor has expressed intentions to resign, and this series of events has highlighted the internal contradictions of U.S. financial policy.

After a night of market fluctuations, data from the Chicago Mercantile Exchange (CME) shows that investors' expectations for a Fed rate cut in September have risen to 89.8%. Although a rate cut is generally seen as good news, the uncertainty in the macroeconomic environment in the short term may bring some dumping pressure to the market.

Currently, market participants are closely monitoring the extent to which this wave of adjustment may reach. This series of events has not only affected market sentiment but also highlighted the challenges of transparency in economic data and the policy-making process. In the coming weeks, investors will continue to pay attention to the changes in the Fed's stance and the possible actions it may take, as well as the potential impact of these factors on global financial markets.