After Powell's remarks, the market shifted to pricing in the possibility of rate cuts this year.

BlockBeats message, March 30, Federal Reserve Chair Jerome Powell said that while current employment growth is very slow, artificial intelligence is boosting people’s productivity and expectations for the medium- and long-term outlook are very optimistic; the U.S. economy remains full of vitality and productivity remains strong.

Market pricing shows that bets on further Fed rate hikes have been withdrawn, and instead the market is pricing in the possibility of rate cuts this year. (Jin10)