The Protocol: ETH Exit Queue Gridlocks As Validators Pile Up

[Federal Reserve Officials Predict Two Rate Cuts in 2025] According to the latest Federal Reserve forecast, out of 19 officials, 9 expect two rate cuts in 2025, 2 expect one rate cut, and another 6 believe there will be no further rate cuts.

[Federal Reserve Chairman Powell Delivers Speech on September FOMC Meeting] Federal Reserve Chairman Powell is delivering a speech on the September FOMC meeting, with the market closely monitoring his latest remarks on the economic outlook and monetary policy.

[Federal Reserve Lowers Interest Rate Ceiling to 4.25% on September 17] According to Jinshi News, the Federal Reserve's interest rate decision on September 17 set the ceiling at 4.25%, in line with expectations, down from the previous value of 4.50%.

[The Federal Reserve Lowers Benchmark Interest Rate by 25 Basis Points, Meeting Expectations] The Federal Reserve announced a 25 basis point reduction in the federal funds rate to 4.0%~4.25%, meeting expectations.

OKX-ETH/USDT is currently trading at $4507.19, with a 5-minute increase of 0.13%. Please be aware of market fluctuations.