25bp rate cut?

The market had already priced it in half a month ago, leaving nothing behind.
It's like a teacher hinting in advance, "Score 60 points to receive a reward,"
By the time the reward is actually given out, the truly excited people have already taken their prizes and gone home.
The institutional process is simple:
Lay in wait in advance → Wait for your anticipation → Announce and immediately dump the market → From positive to negative → You come to take the blame.
Today's decline is not an accident; it's a net closing.