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UniSat: Most of the development work on L1 Swap has been completed, and the expansion solution Fractal Swap is planned to be launched in September and introduce an incentive mechanism
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Powell: Neutral interest rate may have risen, will stay in office until May 2026 Odaily Odaily News: Federal Reserve Chairman Powell said that the policy seems restrictive, but not extremely restrictive; the neutral interest rate may have risen; when the Fed is confident about inflation, it is time to act. Powell said that he will stay in office until May 2026; he is very happy to serve as the chairman of the Federal Reserve. $PEPE $NOT $PEOPLE

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Fed mouthpiece: Powell's speech did not change the expectation of "no change" in August On July 16, Nick Timiraos, the "Federal Reserve mouthpiece," wrote in his latest article that Fed Chairman Powell said that the recent slowdown in inflation and economic activity was largely in line with the Fed's expectations, but he still refused to say whether this was a reason for the Fed to cut interest rates at its policy meeting later this month. Last week's inflation report showed a general improvement in the economy, prompting some private analysts to wonder whether the Fed would need to wait until September to cut interest rates. It should be noted that the Fed, led by Powell, usually avoids surprising the market with short-term policy decisions, so from this perspective, Powell's words today did not change the expectation that the Fed will keep interest rates stable at the August meeting. $PEPE $NOT $PEOPLE

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U.S. short-term interest rate futures pared earlier gains as traders reduced bets on a July rate cut by the Federal Reserve. Odaily Odaily News: US short-term interest rate futures narrowed their earlier gains as traders reduced their bets on the Federal Reserve's July rate cut. (Jinshi) $PEPE $NOT $PEOPLE

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U.S. short-term interest rate futures pared earlier gains as traders reduced bets on a July rate cut by the Federal Reserve. On July 16, U.S. short-term interest rate futures narrowed their earlier gains as traders reduced their bets on the Federal Reserve's July rate cut. (Jinshi) $PEPE $NOT $PEOPLE

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Powell: Neutral rate may have risen On July 16, Fed Chairman Powell said that although the policy is restrictive, it is not overly tight and the neutral interest rate may have risen. When the Fed is confident about inflation, it is time to act. (Jinshi) $PEPE $NOT $PEOPLE

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