Mr. Daley said the Fed did not need to pre-empt, still needed to return inflation to its 2 per cent target and needed to assess the "scope, scale and timing" of Mr. Trump's policies.
On February 5th, US President Donald Trump said at a joint press conference with Israeli Prime Minister Benjamin Netanyahu that the United States will "take over" the Gaza Strip, raze the area and rebuild it. Trump earlier said that the Palestinians living there should leave. "They can live and live in peace and joy in a beautiful land, and they can live in peace and harmony in other regions or countries for the rest of their lives," Trump said. "The United States will take over the Gaza Strip, ...
According to official news, Henlo, a Berachain ecosystem project, announced the completion of a $3 million seed round of financing. Framework Ventures, Olympus DAO, Rubik VC, Baboon VC, Primitive Ventures, SNZ Capital, Asylum Ventures, ViaBTC Capital, Paramount Capital and Wizards Capital participated. It is reported that Henlo is positioned as a universal entry point in the crypto space, with the aim of simplifying the entry process for cryptocurrencies.
The change in API crude oil inventories for the week to January 31 in the United States recorded 5.025 million barrels, the largest increase since the week of October 4, 2024.
Morgan Stanley economists said they no longer expect the Federal Reserve to cut interest rates in March, and now expect a rate cut in June this year. The Trump administration is imposing tariffs faster than we expected, which could mean that the pullback in inflation will stall at higher levels, blocking the possibility of any near-term rate cuts. (Jin Ten)
U.S. job openings fell more than expected in December to a three-month low, in line with a gradual slowdown in the labor market. A survey released Tuesday by the Bureau of Labor Statistics showed that U.S. JOLTs fell to 7.60 million job openings in December from a revised 8.16 million in November. The figure was lower than economists had generally expected. The decrease in job openings was driven by professional and business services, partially reversing the surge seen in the previous two months...
The Cosmos ecosystem liquidity staking protocol Stride has announced that it will launch the liquidity staking token of Berachain governance token BGT on February 6, 2025.
February 4th news, according to the Lighthouse Professional Edition, as of 10:00 on February 4th, the total number of people in the 2025 Spring Festival file (January 28-February 4) broke through 170 million, breaking the highest record in the history of Chinese film.
Economists say the Federal Reserve could pause interest rate cuts for the foreseeable future if the U.S. ultimately imposes and maintains new tariffs. Click to view...
Summers believes that Trump's tariff policy goes against economic logic and will result in higher prices for producers and consumers...
Chicago Federal Reserve President Goolsbee said the Federal Reserve must be cautious in cutting interest rates due to economic uncertainty. He noted in a radio interview that despite strong consumer spending and economic growth, there are concerns that inflation could rise again. Goolsbee stressed that fiscal decisions affecting prices and employment need to be carefully evaluated. He also warned that it could be difficult to distinguish inflation from temporary effects such as economic overheat...
The S & P Global Manufacturing PMI for January rose to 51.2 for the first time in seven months, rising above 50.0.
On February 3rd, according to the statistics of the National Film Administration, as of 18:30 on February 3rd, the box office of the Spring Festival film in 2025 reached 8.257 billion, setting a new historical record.
The final reading of France's manufacturing PMI in January reached 45, the highest level since June last year.