A-share consumer sector saw selective strength; Dalian Youyi notched a third consecutive daily limit-up. Tianhong, Zhongbai Group, Jinzhongzi Liquor, Yizhi Konjac and Zhulaoliu also advanced.

美联储主席沃什：我们已经五年未能实现通胀目标，现在要着手纠正。

Fed dot plot for 2026: 1 participant expects three hikes (March: 0), 5 expect two hikes (March: 0), 3 expect one hike (March: 0), 8 expect rates unchanged (March: 7), 1 expects one cut (March: 7), 0 expect two cuts (March: 2), 0 expect three cuts (March: 2), 0 expect four cuts (March: 1). Overall, supporters of 2026 rate increases rose to 9 participants — including one who favors an aggressive 75bp tightening — while supporters of cuts fell to 1.