#通胀与经济增长 The signals just released by the Federal Reserve should be noted, the last interest rate cut of 25 basis points this year is already set, but the expectations for rate cuts next year have been significantly reduced. The dot plot indicates that there may only be one cut in 2026, which means— the cycle of tightening liquidity will continue.

For us yield farmers, this is critical information. Inflation pressures are still present, and the Fed's hawkish stance is very clear, with the room for future easing severely limited. This means the financing environment for new projects will become more challenging, and many small projects might issue tokens early or accelerate incentive plans to attract liquidity— which could actually be an opportunity for us.

My advice is to seize this window for upcoming airdrops and interactions. On one hand, focus on new projects eager to expand their user base, as these projects typically offer significantly increased interaction rewards; on the other hand, lower the threshold for selecting projects, participate in some moderately popular projects to diversify risk and expand potential gains. Don’t wait until liquidity freezes completely—by then, good projects will no longer be cheap. The key is to maintain operational frequency and keep pace with the market at minimal cost.