Barclays analysts still expect the Fed to cut rates once this year. "The current risk is that the Fed will not cut rates this year," they said in a client note. "To some extent, we place more emphasis on the non-benchmark scenario where interest rate hikes enter the discussion." (Jin Ten)
The Federal Reserve Williams said the U.S. economy is in good shape with GDP expected to grow by 2% in 2025 and 2026. The economic outlook is highly uncertain due to the impact of government policies. The U.S. unemployment rate should remain between 4% and 4.25%. The Federal Reserve has made significant progress in reducing inflation; Monetary policy is fully prepared to meet the Fed's objectives; Moderately restrictive policies should bring inflation down to 2%; Inflation is expected to remain ...
Trump said there may be a lot of things that shouldn't be counted as debt, they are very deceptive, "so we may have less debt than we think". Click to view...
Traders have now reassessed their previous stance on tariffs, which are expected to be used more as a negotiating tool. Click to view...
Fidelity said that if governments do start buying bitcoin, they may do so in secrecy to avoid increasing the cost of the purchase.
Las Vegas police in the United States say they are investigating the explosion and fire of a Tesla Cybertruck at the entrance of the Trump Hotel building in Las Vegas. Police have informed the public to avoid the area. According to an official, the driver parked his car in the hotel's valet parking area before the vehicle exploded. The driver is apparently dead and so far, he is the only victim in this incident. Investigators are not yet clear on the cause of the explosion, such as whether somet...
Theya Bitcoin analyst Joe Consorti pointed out in a post that the price change of Bitcoin usually lags the change of the global money supply by about two months (about 70 days). At present, the global money supply has decreased by about 4 trillion US dollars in recent weeks after hitting a record high of 108 trillion US dollars, indicating that the contraction of the money supply may have downward pressure on the price of Bitcoin, or mean that the price of Bitcoin may fall to 75,000 US dollars.
According to Ember Monitoring, DWF Labs may be a market maker for MONKY: they received 100 billion MONKY (about $1.68 million) from MONKY deployment wallet 7 days ago, and then transferred 23 billion of them to Kucoin/Gate/MEXC and other exchanges to make market. Binance previously announced that MONKY will be included in the list of new Binance Alpha projects.
Although the market is not optimistic that the European Central Bank will cut interest rates significantly tonight, they generally predict that the central bank will become more dovish in the future.
Market news: Syrian rebels say they have begun attacking Kurdish forces in the northern town of Manbij.
The Syrian armed opposition says it has begun to enter Damascus.
On December 7th, according to the Times of Israel, Syrian rebels said they began to surround government-controlled Damascus after seizing towns near Damascus. At the same time, the Syrian Defense Ministry denied that government forces had fled their positions near the capital. "Our forces have entered the final stage of encircling the capital Damascus," said rebel commander Ghani.
U.S. Treasury Secretary Janet Yellen said on Friday that the U.S. financial system continues to face commercial real estate risks and vulnerabilities posed by digital assets in 2024, despite cooling inflation and low unemployment boosting the overall economy. She hinted that the Financial Stability Oversight Council (FSOC) member regulator remains focused on monitoring credit risk for commercial real estate and urged officials to keep an eye on Wall Street's ability to respond.