**[Federal Reserve Hawks Speak Out, Asset Price Crash Risk May Become a New "Roadblock" to Rate Cuts]** BlockBeats News, November 21: Concerns over financial market stability, including the risk of a sharp decline in asset prices, are becoming a new topic of discussion among Federal Reserve officials when considering the timing of rate cuts or even whether to cut rates at all. Federal Reserve Governor Lisa Cook listed a series of risks to the financial system, including the rapidly growing private credit market, hedge fund trading in the Treasury market, and the application of generative artificial intelligence in algorithmic trading. Cook also hinted that she would not be surprised by a crash in asset prices, which are currently at historic highs. Cleveland Fed President Loretta Mester reiterated her opposition to further rate cuts, citing persistently high inflation, and stated that she believes loose financial conditions are another reason to oppose rate cuts. Federal Reserve Governor Michael Barr said on Thursday that the Fed needs to be cautious when considering further rate cuts. Meanwhile, Chicago Fed President Austan Goolsbee expressed concern about another rate cut in December. "Inflation progress seems to have stalled, and if anything, there are warnings that it may be heading in the wrong direction," Goolsbee said. "That makes me a bit uneasy."