#美联储降息预期与经济政策 After carefully analyzing Williams' speech and the market reaction, the probability of a Fed rate cut in December has indeed risen significantly. According to the data, the probability of a 25 basis point rate cut has climbed to 67.3%. This signal is worth noting, as Williams, being one of the Fed's "Big Three," often represents consensus at the top level. Considering the economic data and inflation trends, I believe there is a strong possibility of a rate cut in December. However, we still need to closely monitor subsequent economic data and official statements to confirm this trend. For the crypto market, a Fed shift toward easing could bring positive effects, but caution is needed against risks caused by excessive optimism. Investors are advised to remain rational and be prepared for all possible scenarios.