Federal Reserve officials promote the trend of interest rate cuts, causing US stocks to rise during trading hours

According to BlockBeats, on Thursday, April 24th, the US stock market rose during trading, with the Nasdaq rising more than 2% at one point, the S&P 500 index rising nearly 1.5%, and the panic index VIX hovering around 27. US President Trump seems to be reassessing some of the more aggressive approaches he has taken on trade and the Federal Reserve. Since the market has recovered a considerable amount of lost ground, it can start to continue this momentum, "said David Lauter, Chief Investment Officer of investment firm Abound Financial. Although the market recovery will not be in a straight line, it is encouraging to see the environment after the market starts pricing and lifting tariffs. The bet that the Federal Reserve will cut interest rates earlier than expected has boosted the stock market. Federal Reserve Governor Waller stated that if tariffs lead to job losses, he will support a rate cut. At the same time, Cleveland Fed President Hamack stated that if there is clear evidence of economic trends, officials may take action as early as June. (Golden Ten)