From a long term perspective, not lowering interest rates is the best support for US stocks and Crypto Assets.

Recently, the market has been most concerned about whether the Federal Reserve will lower interest rates. Recent soft data (such as confidence indices and survey data) seems relatively strong, but hard data (employment, consumption, production) appears weak. Powell has explicitly stated that he will not act rashly based on data, nor will he engage in any preemptive operations; he will only make decisions based on comprehensive data. Many people interpret this as the Federal Reserve waiting until the economy really encounters problems before taking action, which seems a bit lagging.
But if you think about it carefully, this is not the Federal Reserve's indecision, but rather their strong confidence in the economy itself. Why? First, the inflation pressure brought by tariffs is likely to be a one-time event and will not drag down the inflation trend in the long term. Second, looking at the key hard data of inflation indicators, the resilience of the U.S. economy is still strong, unlike those indicators that reflect sentiment. In other words, the current market sentiment may be frightened, but the real economic situation is more stable than expected.
Powell has always said to "wait and see," which actually means letting the market compare itself, waiting for comprehensive data to gradually prove that the soft data is too pessimistic, or waiting for the soft data to correct itself. This kind of statement seems to be "watchful" on the surface, but the core meaning is actually: the Federal Reserve does not see any real danger, so there is no rush to take action.
So, what does not lowering interest rates mean for the market?
First, it indicates that inflation is under control and the economy is not in major trouble; otherwise, the Federal Reserve would not dare to remain inactive.
Secondly, maintaining interest rates can sustain market confidence, as it indicates strong economic resilience and stable fundamentals.
Thirdly, and more importantly, the Federal Reserve still has a full 4.25 percentage points of interest rate space. If risks do arise in the future, it can take decisive action to rescue the market.
So from the perspective of long term investment, not lowering interest rates is actually the biggest support for the US stock market and the Crypto Assets market. Because this essentially tells everyone: the economy itself is not that bad, the Federal Reserve still has ammunition, and the market does not need to worry for now.
Not cutting interest rates is not because the Federal Reserve is inactive, but because the fundamentals are strong enough. From a long term perspective, this is actually the best situation for the US stock market and the Crypto Assets market.
Look carefully, what I mean is from a long term perspective. #打榜优质内容#