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Odaily Planet Daily reported that Carlos Guzman, a research analyst at cryptocurrency market maker GSR, stated that market participants will closely watch Federal Reserve Chairman Jerome Powell's speech this week. They are eager to understand the Fed's stance on potential recession issues. He noted, "When the tariff policy was put on hold, people's main concern was that it could lead to a massive economic contraction. At that time, the market expected interest rate cuts four times this year." After Trump announced last week a 90-day suspension of most tariffs, expectations for a recession have decreased and so have expectations for interest rate cuts. However, Guzman mentioned that the market still anticipates more rate cuts than before Trump's announcement of the tariff pause. He said: "If the global economic situation looks bad, the Fed may implement more stimulus policies. This could be positive for cryptocurrencies in the medium term, although in the short term due to recent volatility, the impact may be smaller."

ChainCatcher news: Akio Okuno, the head of monetary affairs at the Bank of Japan, stated on Tuesday that global markets are experiencing volatility due to uncertainties surrounding U.S. tariff policies, but short-term liquidity has not significantly decreased. "Unlike during the global financial crisis, we do not see a significant decline in short-term liquidity. However, the Bank of Japan will continue to closely monitor market developments and their impact on both the global and domestic economies," Akio said. Japan is preparing for trade negotiations with the United States this week, which may involve the tricky topic of exchange rate policy; some officials privately expect that the U.S. will call on Japan to support the yen. Japanese Finance Minister Katsunobu Kato stated that both Japan and the United States believe that exchange rates should be determined by market forces and that excessive and disorderly fluctuations in exchange rates have adverse effects on economic and financial stability. Kato told Congress: "I hope to continue dialogue with the United States based on this common understanding." He declined to comment on potential discussions regarding exchange rate issues between both parties.