#美联储利率政策 The Federal Reserve has started to loosen again. Williams supported last week's 25 basis point rate cut, and the reasons are quite clear—employment is cooling down, and inflationary pressures are easing. But this guy is also very cautious, vague about the next steps, saying we need to wait for the data to see.

This is actually a good signal for the crypto market. The expectation of rate cuts has always been a core logic driving risk assets higher. Now that the Fed's attitude has softened, liquidity conditions will also become more relaxed. However, don't get too optimistic; Williams also mentioned inflation, and we need to see the actual impact of tariffs next year to judge future policies.

In the short term, this news should give the market a positive emotional boost. But in the long run, we still need to watch the specific data on employment and inflation, as these are the key factors that will determine the Fed's next move. Let's wait for the January policy meeting, then we can really see the rhythm clearly.