The Fed has more new voices. Minneapolis Fed President Kashkari stated: I disagreed with the last rate cut, the economy is holding up better than expected. His meaning is very clear - let's pause at the October meeting, and don’t rush to cut again. As for what will happen in December, Kashkari said it depends on the data, and it may be a cut or it may remain unchanged at that time. This means that the rate cut cycle may not be as fast as the market thinks, which may require a reassessment of macro expectations for the coin market.