ChainCatcher news, according to Jinshi, Fed's Daly said, I am sure that the 100 basis points of interest rate cuts so far are correct, and the calibration phase is over. The Fed is very satisfied with the forecast of two interest rate cuts in 2025.

Now, before further interest rate cuts, we will wait cautiously. My prediction is that the number of interest rate cuts next year will be much less than we previously expected.