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Introducing ICON’s Cross-chain Token Standard
Icon Foundation Blog·2024/06/25 11:18
VIPRecommended high-quality projects for major clients (June 25) — Bitget Earn projects Bitget·2024/06/25 05:51
VIPRecommended high-quality projects for major clients (June 12) — On-chain Earn projectsBitget·2024/06/17 08:36
A Letter to Catizen Community
Catizen Blog·2024/06/14 07:47
VIPRecommended high-quality projects for major clients — June 5Bitget·2024/06/11 06:20
VIPRecommended high-quality projects for major clients — May 30Bitget·2024/05/30 05:28
VIPRecommended high-quality projects for major clients — April 16Bitget·2024/05/23 15:01
VIPRecommended high-quality projects for major clients (May 22) — Ethereum ecosystemBitget·2024/05/22 08:41
VIPRecommended high-quality projects for major clients (May 16) — Base ecosystemBitget·2024/05/16 10:00
VIPRecommended high-quality projects for major clients (May 8) — Ton EcosystemBitget·2024/05/08 05:44
Flash
- 19:43Federal Reserve Chairman Powell: We are clearly closer to the neutral interest rateBitget news, Federal Reserve Chairman Powell: Today's interest rate decision was a relatively difficult choice. Policies are prepared to deal with risks. The downside risk of the labor market has decreased but is still cooling down. I believe we do not need to further cool the labor market in order to achieve a 2% inflation target. (The statement adds about adjusting interest rates) The wording of "magnitude and timing" indicates that we are at or near the moment of slowing down rate cuts. We are clearly closer to neutral interest rates. The slowdown in rate cuts reflects this year's economic data going up. We believe that policy still has substantial restrictions. Next year’s slowdown in rate cuts reflects rising inflation expectations.
- 19:40Federal Reserve Chairman Powell: Higher interest rate expectations are consistent with more solid inflation expectationsBitget news, Federal Reserve Chairman Powell: If inflation cannot consistently move towards 2%, policy restrictions can be lifted more slowly. Higher interest rate expectations are consistent with more stable inflation (expectations).
- 19:38Federal Reserve Chairman Powell: We can be more cautious when considering further interest rate adjustmentsBitget news, Federal Reserve Chairman Powell: The current labor market conditions are more relaxed than in 2019. The employment market is not a significant source of inflation pressure. Long-term inflation expectations seem stable. Risks to achieving the target are roughly balanced. Core PCE may rise by 2.8% in November. Now, the restrictive stance of policy has significantly weakened, and we can be more cautious when considering further interest rate adjustments. The Federal Reserve has not taken any preset path for interest rates.
