Ipek Ozkardeskaya, senior analyst at Swissquote Bank, commented that today's developments are quite interesting because we're seeing the Fed, or at least Powell, shift to a more dovish stance to support a weakening job market. So this is actually a dovish shift we're seeing in Fed policy, in line with recent market expectations. The Fed is now preparing to deliver that 25 basis point rate cut, at least what the market is expecting, which has obviously sparked a lot of excitement.