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#美联储货币政策调整# Seeing these two pieces of news about the Fed chairman candidates supporting interest rate cuts, it feels like the possibility of a shift in the Fed's monetary policy is increasing. Both candidates have clearly expressed their support for interest rate cuts, and the extent is not small; David Zervos even advocates a 50 basis point cut. Behind this change in attitude, there is likely concern about the slowing economic rise.
However, I noticed that Summerlin mentioned an important limitation - the rise in long-term US Treasury yields may hinder interest rate cuts. This is worth noting because it reflects changes in market inflation expectations.
From on-chain data, the recent inflow of stablecoins has increased, which may indicate that some funds are preparing for a potential policy shift. I will continue to monitor the capital flow of large addresses to see if there are any significant allocation changes. At the same time, I will closely watch the interest rate fluctuations in the DeFi lending market, as this may reflect changes in policy expectations ahead of the traditional market.