The Fed is caught in a dilemma. On one side, tariffs are driving up prices and the inflation pressure is immense; on the other side, a wave of unemployment is approaching and the job market is in crisis. Which one should be prioritized for rescue? This is the ultimate dilemma facing decision-makers—curbing inflation or protecting employment? A situation where both cannot be achieved is approaching. The market is observing, waiting to see which risk will ultimately prevail.