According to BlockBeats, on March 7, Federal Reserve Chairman Jerome Powell stated that he is fully aware of the risks of lowering interest rates too late. He added that if the economy develops as expected, the Fed will cautiously consider gradually lifting its restrictive policy stance this year. The Federal Reserve is also working to improve its follow-up regulatory work after the Silicon Valley Bank incident and is striving to develop a new set of regulatory rules. The aim is to adopt earlier and more effective intervention measures.