Barkin optimistic on inflation progress, sees AI growth. Biden acknowledges inflation decline, hints at possible delay in interest rate cuts. Investors anticipate FED rate cut in July, not June.
EdmundFrom a visual point of view, this meeting showed almost no hawkish signals, and the secondary inflation risks that the market was worried about before the meeting did not enter the FOMC's vision.
JinseFinanceAEZ QF's funding focuses on long-term support for the construction of early public goods and appchains in the Cosmos ecosystem, and works with developers to build a more robust and growing ecosystem.
JinseFinanceBitcoin's hash rate hits a record 500 exahashes per second, drawing praise from Elon Musk. Yassine Elmandjra compares Bitcoin's processing power to astronomical scales. Musk's ongoing crypto interest includes considering Bitcoin use on Mars.
EdmundFrax Finance: Stablecoin hedging inflation, supporting a stable digital currency ecosystem.
Cheng YuanFederal Reserve Governor Michelle Bowman said that if high inflation does not start to wane she will continue to support aggressive rate rises aimed at taming price pressures.
OthersMarkets now expect the Fed could institute consecutive 0.75 percentage point rate hikes in November and December.
OthersThe transition from PoW to PoS will have a great impact on Ethereum, including: the reduction of ETH issuance (meaning that ETH becomes deflationary), Gas prices will not drop, and energy consumption will be reduced by 99%.
CointelegraphING expects a rate cut in June 2023 followed by further easing in the second half of the year.
Coindesk