# PowellDovishRemarksReviveRateCutHopes

Powell's dovish remarks reignite rate cut expectations
On Monday, Federal Reserve Chair Jerome Powell's comments reignited market expectations for a rate cut. He clearly stated that current Fed policy is in a "safe zone," inflation expectations are stable, and there is no urgency for further tightening. Following this statement, expectations for rate hikes quickly faded, the dollar index retreated, and U.S. Treasury yields declined. Meanwhile, risk assets experienced a long-awaited rebound — the crypto market, after weeks of silence, also reignited bullish enthusiasm.
This time, the market cho