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The U.S. unemployment rate and non-farm payrolls for May will be announced at 20:30 on the 7th, and the crypto market may fluctuate
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RARE briefly broke through 0.3 USDT, with a 24-hour increase of 48.82% Odaily news report shows that RARE (SuperRare) has briefly broken through 0.3 USDT, currently trading at 0.2944 USDT, with a 24-hour increase of 48.82%. $BTC $ETH $BNB

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Economist Tom Porcelli: Even with a 100 basis point rate cut, the Fed's policy is still tight According to a report from Caijin, PGIM Fixed Income's Chief U.S. Economist Tom Porcelli stated that the current 5.3% federal funds rate appears relatively high compared to the current consumer price inflation rate of less than 3%. Even if the Federal Reserve cuts rates by 100 basis points, its policy would still be on the tighter side. The policy is calibrated based on significantly higher inflation rates and significantly lower unemployment rates, but these conditions have already changed. $BTC $ETH $BNB

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Economist Tom Porcelli: Even with a 100 basis point rate cut, the Fed's policy is still tight PGIM's Chief U.S. Economist Tom Porcelli stated that the current 5.3% federal funds rate appears relatively high compared to the current consumer price inflation rate of less than 3%. Even if the rate is cut by 100 basis points, the Federal Reserve's policy would still be relatively tight. The policy is calibrated based on significantly higher inflation rates and significantly lower unemployment rates, but these conditions have already changed. (Jinshi) $BTC $ETH $BNB

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Economist Tom Porcelli: Even with a 100 basis point rate cut, the Fed's policy is still tight According to a report by Gold Ten, PGIM Fixed Income's Chief U.S. Economist Tom Porcelli stated that the current federal funds rate of 5.3% appears relatively high compared to the current consumer price inflation rate of less than 3%. Even if the Federal Reserve cuts rates by 100 basis points, its policy would still be relatively tight, as the policy is calibrated based on significantly higher inflation rates and significantly lower unemployment rates, but these conditions have already changed. $BTC $ETH $BNB

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Web3 social platform Match is officially deployed on Base chain today According to the official news from Mars Finance, the Web3 social platform Match has announced that it has officially deployed on the Base chain today, and the community meme coin RFG has been simultaneously launched on Uniswap. Match has announced that it will airdrop over 1 billion RFG tokens to the community, and users can participate and claim the tokens in various ways. It is reported that Match is a new generation of Web3.0 social platform, based on the deep training of the AI vertical model, through the scalable social graph, to solve the problem of accurate matching between users and projects, and the rapid discovery of early projects. $BTC $ETH $BNB

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