STEPN GO: Kursi awal untuk program STEPN GO'ers telah dialok | Kun Lee di Binance Square

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STEPN GO: Kursi awal untuk program STEPN GO'ers telah dialokasikan
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Wall Street bets Powell will confirm rate cut, but is vague on magnitude Odaily Planet Daily Report: Wall Street is betting that Federal Reserve Chairman Powell will confirm at the Jackson Hole annual meeting that the Federal Reserve is about to cut interest rates. But as the focus shifts from "whether to cut interest rates" to "how much the interest rate will be cut," stock traders may be disappointed. "If traders hear that interest rates will be cut, the stock market will react positively," said Eric Beiley, Managing Director of Steward Partners Global Advisory Wealth Management. "If they don't hear the information they want, it will trigger a massive sell-off." The market fully expects the Federal Reserve to start cutting interest rates at the September meeting. But when Powell speaks on Friday, he may be tight-lipped about the timing of the interest rate cut. True to his character, he is also likely to take a cautious, vague approach in revealing how much the Federal Reserve's interest rates may decline after the easing. "The market is very confident that interest rates will be cut soon," Beiley said. If Powell does not emphasize that this is the path forward, it will be a huge surprise. $BTC $ETH $BNB

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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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