Breaking! Federal Reserve officials have spoken: interest rates will remain unchanged for a long time, bringing a stable macro environment to the cryptocurrency market.
A key signal has suddenly emerged in the global market! On February 10 local time, Cleveland Fed President Loretta Mester, who has voting rights in the 2025 FOMC, made it clear that the current monetary policy of the Federal Reserve is in a good position, and interest rates may remain unchanged for a considerable period. This dovish statement directly impacts the direction of the global financial and cryptocurrency markets.
Mester pointed out that the Fed has maintained interest rates in the range of 3.5% to 3.75% since January, and the current policy is close to neutral, with no urgent need for adjustment. She emphasized that inflation in the U.S. remains relatively high, likely staying around 3% this year, far exceeding the long-term target of 2%. Tariffs, electricity, and healthcare costs continue to drive up prices, and cost pressures have not yet peaked. Decisive evidence of a sustained decline in inflation will be needed before considering policy adjustments.
In terms of employment, the U.S. unemployment rate is 4.4%, and the labor market is stabilizing, with initial jobless claims remaining low. With interest rate cuts and fiscal support, economic growth is expected to accelerate within the year. Mester also emphasized the independence of the central bank, stating that countries with weaker central bank independence usually experience higher inflation levels, and reiterated the importance of a stable banking system for the transmission of economic and monetary policy.
The Fed's long-term inaction means that the global liquidity environment is tending toward stability, significantly reducing the risk of major policy disruptions and creating a stable macro recovery window for the cryptocurrency market.
Do you think the Fed's decision to keep interest rates unchanged will benefit mainstream cryptocurrencies like Bitcoin? Feel free to discuss in the comments!
