The Federal Reserve’s Federal Open Market Committee (FOMC) recently decided to cut interest rates by one point, lowering the benchmark interest rate to a range of 4.50%-4.75%. The FOMC believes that inflation is easing and the risk of a sharp slowdown in the economy and job market is reduced, so they support further interest rate cuts in the future.

However, they will adopt a cautious approach and “gradually” cut interest rates based on data performance. If inflation data does not meet expectations, the pace of interest rate cuts may slow down or even be suspended. The FOMC also discussed the outlook for monetary policy and anticipated that if data were in line with expectations, inflation continued to fall to 2% on a sustained basis, and the economy remained close to maximum employment, then a “gradual” shift to more neutral policy might be appropriate.

Some analysts believe that the Federal Reserve will slow down the pace of interest rate cuts, which may delay the top of Bitcoin’s bull market.

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