Federal Reserve Chairman Powell: Stablecoins related legislation is being pushed forward, which is exciting

According to the Golden Ten report, Federal Reserve Chairman Powell said that we are just suggesting that everyone wait a little longer and wait for more signs. At present, there are no signs of weakness in the labor market. If we see a weakness in the labor market, we will take measures to adjust. As long as the economy remains strong, we can pause here for a moment. Powell said that our current interest rate levels are relatively high, and there is greater room for interest rate cuts compared to near zero. Federal Reserve Chairman Powell: Legislation related to stablecoins is being pushed forward, which is an exciting thing.