#美国经济状况 Looking back at the Federal Reserve’s historical decisions, I feel that the current economic situation is similar to that of 1979. At that time, Chairman Paul Volcker faced high inflation and had no choice but to sharply raise interest rates. Today, we seem to be at another turning point.

The comments from Daly and Mester suggest that the Fed may be about to shift its stance. This reminds me of the early 2000s, when Greenspan adopted aggressive rate cuts in response to the bursting of the internet bubble. However, history tells us that excessively loose monetary policy can sow the seeds of future crises.

It’s worth noting that Daly is concerned the job market could suddenly deteriorate, which is somewhat similar to 1937, when the Fed tightened policy too early and caused the economy to slip back into recession. We must act cautiously and find a balance between inflation and employment.

In the long run, the Fed’s policy choices will have a profound impact on the cryptocurrency market. If rate cuts become a reality, we may see capital flow into risk assets once again. But we must also be alert to the fact that excessive easing can lead to asset bubbles and long-term inflation risks.

In summary, it is crucial to closely follow the Fed’s movements. Historical experience tells us that every policy shift can bring new opportunities and challenges. As market participants, we need to stay vigilant and be prepared to respond to possible changes at any time.