According to BlockBeats, on October 10, BlackRock strategists said in a report that the Federal Reserve is less likely to cut interest rates quickly as the economic growth outlook remains stable. They said: "We believe that by early 2025, the Federal Reserve has room to cut interest rates to 3.5% or slightly higher." BlackRock said that the minutes of the Federal Reserve's September meeting also showed that interest rates will be cut gradually. "We look forward to monetary policy normalization, not monetary policy easing. (Jinshi)