Fed sends clear signal, Bolvin says it will take prudent rate cuts

According to Huobi HTX, Gina Bolvin, president of Bolvin Wealth Management Group, said that the Fed's 25 basis points rate cut has sent a clear signal. She noted that weak labor markets and stubborn inflation have pushed policymakers to take action, but the pace is gradual. Bolvin stressed that this is not a policy shift, but a prudent measure, and inflation and employment data will determine the subsequent path in the future. (Jin Shi)