May 8 Thursday
Important only
33 minutes ago ChainCatcher
ChainCatcher reports, Federal Reserve Chairman Powell: I have never requested a meeting with the president, and I will never do so.
40 minutes ago ChainCatcher
According to <ChainCatcher>, Federal Reserve Chairman Powell acknowledged that uncertainty is affecting economic decision-making, but he once again affirmed that the U.S. economy remains in good condition. Powell stated during the press conference: "Despite some very pessimistic sentiments surrounding the economy from individuals and businesses, the economy is still healthy."
an hour ago ODAILY and 3 more media reports
<Odaily> Planet Daily News: Last month, Trump called Federal Reserve Chairman Powell the "main loser" because he refused to immediately cut interest rates to cushion the impact of the trade war. At the press conference, when asked about Trump's request, Powell rebutted the president, saying that such pressure "really won't affect our work or what we are going to do". Powell stated that the Federal Reserve is focused on economic data and its dual mandate. (Jin Shi)
an hour ago ChainCatcher
ChainCatcher reports that Federal Reserve Chairman Powell refused to comment on Trump's withdrawal of the dismissal threat.
an hour ago ChainCatcher and 1 more media reports
According to <ChainCatcher> news reported by <金十>, SignatureFD analyst Tony Welch stated that the decline in US Treasury yields after the Federal Reserve meeting might indicate investors' concerns about the potential economic impact of tight monetary policy. Currently, the economy is slowing down, and implementing a tight monetary policy for a longer period will certainly be a negative factor. Trump's tariffs are influencing the Federal Reserve's thinking, as the FOMC statement "initially" mentioned trade. Powell will use the word "uncertainty" multiple times during the press conference.
an hour ago ChainCatcher
ChainCatcher reports, Federal Reserve Chairman Powell: For now, the decision to wait seems quite clear. As events unfold, we can take swift action at our discretion.
an hour ago ODAILY and 1 more media reports
<Odaily> Planet Daily News: Federal Reserve Chairman Powell stated at the press conference that recent inflation expectation indicators have risen, reflected in market and survey-based indicators. Respondents, including consumers, businesses, and professional forecasters, pointed out that tariffs are a driving factor. However, most long-term expectation indicators remain consistent with our 2% inflation target around next year and beyond. (Jintian)
an hour ago ODAILY
Odaily Planet News: Federal Reserve Chairman Powell: Avoiding persistent inflation will depend on the scale, timing, and inflation expectations of tariffs, and the inflationary effect of policies may be temporary. (Jinshi)
an hour ago ChainCatcher and 2 more media reports
According to ChainCatcher, Federal Reserve Chairman Powell stated that the economy is in a robust condition.
an hour ago ChainCatcher and 1 more media reports
According to ChainCatcher, Bloomberg reported that Robinhood plans to launch a blockchain-based platform for trading U.S. assets in Europe.
2 hours ago ODAILY and 1 more media reports
Odaily Planet Daily News: Former Federal Reserve Vice Chairman Clarida stated that the market has priced in the possibility of an economic recession between 40% and 50%. (Jinshi)
2 hours ago ODAILY and 1 more media reports
<Odaily> Planet Daily News: Neil Dutta from Renaissance Macro believes that the job market will ultimately drive the Federal Reserve's pace of interest rate cuts. He stated: "The labor market conditions have cooled down. Why would the Federal Reserve think this will stabilize on its own? It cannot and will not, which means policy measures will ultimately need to be taken." (Jinshi)
2 hours ago ChainCatcher and 1 more media reports
According to ChainCatcher, market analysts suggest that the market is undergoing changes. However, the issue is that these fluctuations are more likely caused by Trump's statements on trade policies rather than any actions by the Federal Reserve. One possible reason is the stock market decline, which has led investors to once again view U.S. Treasury bonds as a safe-haven asset, driving up government bond prices.
2 hours ago ODAILY and 1 more media reports
<Odaily> Planet Daily News: Futures contracts linked to the Federal Reserve's policy rate recovered from earlier losses after the rate resolution was announced. Currently, the possibility of the Federal Reserve cutting rates by 25 basis points as early as June is 30%, slightly higher than the earlier 27%. According to futures prices, the likelihood of a rate cut by July is approximately 75%. (Jinshi)
2 hours ago ChainCatcher and 2 more media reports
According to ChainCatcher, Federal Reserve officials stated in their May policy statement that first-quarter GDP growth turned negative. However, the Federal Reserve Policy Committee still believes the underlying economy is strong. They observed that significant fluctuations in trade statistics were the primary reason for GDP contraction in the first quarter, as imports surged before new tariffs. "Despite the volatility in net exports affecting the data, recent indicators suggest that economic activity continues to expand at a robust pace," the statement read. Nevertheless, in the new language of this month's policy statement, officials also acknowledged that "the risks of rising unemployment and inflation have intensified."
2 hours ago ChainCatcher and 1 more media reports
According to ChainCatcher, the three major U.S. stock indexes remain stable, with the Dow Jones Industrial Average up 0.61%, the S&P 500 up 0.15%, and the Nasdaq down 0.29%.
2 hours ago ODAILY
<Odaily> Planet News: OKX market data shows that BTC has fallen below 96,000 USDT, currently trading at 95,973.3 USDT, with a 24-hour decline of 1.4%. (This brief news was assisted by AI generation)
BTC
1.4%
2 hours ago ChainCatcher and 2 more media reports
According to ChainCatcher, after the Federal Reserve's interest rate decision was announced, traders continue to believe that the Fed will cut rates before July, still expecting three rate cuts this year.
2 hours ago ODAILY
Odaily Planet News: The US Dollar Index (DXY) dropped 10 points in the short term, currently trading at 99.49. (Jin Shi Data APP)
2 hours ago ChainCatcher and 1 more media reports
According to ChainCatcher, the Federal Reserve has kept its benchmark interest rate unchanged at 4.25%-4.50%, in line with market expectations, marking the third consecutive meeting without any changes.
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