📢Good news! Fed's Daly recently said that inflation data shows that it is cooling and the policy effect is in line with expectations. 👏👏👏

Monetary policy needs longer to work, but it is working, and there is evidence that the policy is tight enough. 🕰️🕰️🕰️

The Fed has not yet completed its mission, but today's personal consumption expenditure data is "good news". If inflation remains stable or declines slowly, interest rates will need to remain higher for longer. 📈📈📈

If inflation falls or changes occur in the labor market, the Fed can adjust its policy in a timely manner. This is undoubtedly good news for the development of Bitcoin. Let us look forward to future market performance together! 🎉🎉🎉