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According to Lookonchain, after the market price fell, the whale continued to accumulate bitcoin. A whale "bc1q... 67rc" withdrew 600 BTC from Binance 15 minutes ago, worth $51.59 million. Since October 31, the whale has withdrawn a total of 1,100 BTC (worth $95 million) from Binance, and the unrealized profit reached $8 million.
JPMorgan Chase is the only one of the largest US banks to insist that the Federal Reserve will cut interest rates by 50 basis points. However, while other banks have returned to expectations of a 25 basis point cut, Michael Feroli, the bank's chief US economist, reiterated in a note to clients on Friday that a 50 basis point cut was the "right thing to do". Misra also wants the Fed to...
Bowman, the governor of the Federal Reserve, reiterated that interest rate cuts are appropriate if inflation continues to slow.
Market volatility persists after "Black Monday", does it herald the arrival of a bigger crisis? Fed hawks appear to reverse expectations management! Iran may reassess whether to retaliate against Israel, Ukraine launches the strongest counterattack... What stimulus markets did you miss this week?
Market volatility persists after "Black Monday", does it herald the arrival of a bigger crisis? Fed hawks appear to reverse expectations management! Iran may reassess whether to retaliate against Israel, Ukraine launches the strongest counterattack... What stimulus markets did you miss this week?
Mr. Schmid said a rate cut would be appropriate if inflation remained persistently low; was close to the inflation target but "not fully achieved"; supported reforms to make the Fed's discount window tool more effective; the discount window could be a liquidity risk management tool; growth and demand remained strong despite the weak jobs report in July; and the Fed's current policy stance was "not as restrictive".
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