DWF Labs is following the Algorand ecosystem project

Federal Reserve Chairperson Jerome Powell has warned that the supply chains of automakers could continue to be disrupted for years to come.

Jerome Powell, chairperson of the Federal Reserve, said in a speech that the impact of tariffs on US inflation could be more lasting and that the economic impact of tariffs could be greater than expected. Tariffs could lead to at least temporary inflation. It must be ensured that rising prices do not lead to sustained inflation. The Fed has an obligation to keep inflation expectations stable.

The Nasdaq widened its decline to 3%, the S & P 500 fell more than 2%, and the Dow fell 1.4%.

The market shows that BTC has fallen below $84,000 and is now quoted at $83,977.99, a 24-hour decline of 0.95%. The market is volatile, so please do a good job in risk control.

Federal Reserve Chairperson Jerome Powell: It is expected to deviate from the established target for the rest of this year, and perhaps it will be possible to achieve the target again next year.

The Federal Reserve's overnight reverse repurchase agreement (RRP) use on Wednesday (April 16) was $54.772 billion, the lowest since at least April 2021, and the last trading day was 88.879 billion dollars.

According to foreign media reports, the US Customs and Border Protection (CPB) data on the revenue from the recent series of tariffs appears to contradict President Trump's remarks. The CPB said that "since April 5, CBP has collected more than $500 million based on reciprocal tariffs, and since January 20, the total tariff revenue collected based on 15 presidential trade actions exceeds $21 billion." The US financial system once experienced a 10-hour malfunction that left US importers without...

After Federal Reserve Chairperson Powell's speech, the U.S. stock market fell again; the S & P 500 index fell 1.6%, the Nasdaq index fell 2.5%, and the Dow index fell more than 1%.

Federal Reserve Chairperson Jerome Powell said in a speech that U.S. economic growth in Quarter 1 2025 is likely to slow from last year's strong pace; PCE inflation is expected to rise 2.3% in March. Core PCE rose 2.6%.

The dollar index DXY fell 20 points in the short term and is now trading at 99.44.

Federal Reserve Chairperson Jerome Powell: Our responsibility is to maintain long-term inflation expectations.

The dollar index DXY fell 20 points in the short term and is now trading at 99.44.