Eagle King Kashkari:

On April 5, Kashkari of the Federal Reserve said that the Federal Reserve may not need to cut interest rates this year. If inflation progress stagnates, especially if the economy remains strong, there may be no need to cut interest rates this year. Kashkari said at an event on Thursday: "In my March forecast, if inflation continues to fall back to the 2% target level, there will be two rate cuts this year. But if the inflation trend continues to go sideways, that will make me question whether we need to cut interest rates." He pointed out that the inflation data in January and February were "a little worrying" and said he needed to see more progress in prices to be convinced that inflation is moving towards the Fed's 2% target before considering cutting interest rates. He emphasized the importance of using inflation data as a guide for interest rate decisions.

On April 5, the three major U.S. stock indexes closed down collectively: the Dow fell 1.35%, the Nasdaq fell 1.4%, and the S&P 500 fell 1.23%. Hot technology stocks fell across the board, Nvidia fell more than 3%, and Google fell more than 2%. #BTC🔥🔥🔥🔥 #BNB‬