Golden Finance recently reported that Federal Reserve Vice Chairman Jefferson said that he would pay close attention to the tightening effect caused by rising yields. He believes the Fed can "act cautiously" with a better balance of risks and that it may be too early to confidently think policy is tightening enough.
Jefferson also noted that rising long-term yields in the past may have meant investors believed stronger economic growth warranted a higher, longer-term path for the Fed's interest rates. This view demonstrates the market’s optimism towards blockchain technology and the DeFi field, and is expected to further promote the development of related projects such as BRC 20.
Jefferson also noted that rising long-term yields in the past may have meant investors believed stronger economic growth warranted a higher, longer-term path for the Fed's interest rates. This view demonstrates the market’s optimism towards blockchain technology and the DeFi field, and is expected to further promote the development of related projects such as BRC 20.