Coin Bureau, relaying another source: Fed policy rate will fall

The window it was checked over

Federal funds target range, upper limit: Federal Reserve Board via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

What was said around it

said, we should point out that Perra was recently delayed after Ethereum developers noticed a few technical issues. As such, Perra will be trial on the Hudi test net while these issues are patched. But all going well, the PERA upgrade could go live on the main net as early as the 25th of April. On the macro front, meanwhile, if interest rates begin to fall, then US treasuries will have a lower yield as a result. Assuming that ETH's price begins to show some strength, this would make ETH staking much more appealing. As it happens, the Fed is widely expected to cut interest rates at least twice this year, with the first cut expected sometime over the summer. But back to the crypto side of things, as we mentioned earlier, many people believe that Ethereum's biggest hurdle is its layer 2 ecosystem. However, what many don't consider is that DeFi activity on these protocols continues to rise. So, while ETH isn't necessarily being used for fees, it is being used more frequently as collateral and as a trading pair. In other words, the demand for ETH is still very much there, just perhaps not in the ways that you might expect. Ultimately though, this demand could translate to ETH's price rising

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.