📢Fresh out of the blockchain industry! 🍞While Fed officials are trying to keep the possibility of another rate hike open, the main signals suggest that the next step may be a rate cut. However, Apollo analyst Torsten Slok noted in the report that the more dovish the Fed's tone, the looser the financial conditions will be, making it more difficult for the Fed to cut rates. He called this phenomenon the "Fed rate cut reflexivity paradox." 😮

Slok further explained that since the Federal Open Market Committee began talking about rate cuts in November last year, the US stock market has rebounded and the household sector has received a windfall. He also mentioned that government spending has also provided an important boost to the economy. 🚀

For us who are optimistic about Bitcoin, this news undoubtedly adds fuel to our optimism. Let's look forward to the next development of the blockchain industry together! 🎉