ChainCatcher news, Mossfire Capital co-founder Raymond Huang, during the Space event "With the Bull Market Approaching, How Can Secondary Investors See Through Market Fog?" hosted by RootData, stated that although the interest rate cut policy was officially implemented last month, the expectations for rate cuts had already begun to take effect a year ago. He pointed out that the Crypto market is more sensitive to the Federal Reserve's liquidity policy, and without the support of macro policy "easing," it is difficult for the market to rise.Raymond Huang expects that interest rates will continue to decline over the next year to year and a half, which will have a significant impact on crypto assets as a fringe asset.

ChainCatcher news, according to Jinshi reports, Federal Reserve Chairman Powell stated that inflation has clearly slowed down but remains above the 2% target. It is not appropriate to lower interest rates before the Federal Reserve's confidence in inflation continuing to move towards 2% strengthens. Recent inflation data shows "moderate" progress towards the 2% target.