US Dollar: 1. Federal Reserve Governor Waller: Open to a 25 basis point rate cut at the upcoming meeting. The Fed will not act aggressively or quickly, and will proceed gradually at a quarter basis point pace. 2. Fed Musalem: GDP is expected to perform solidly in the fourth quarter. Caution should be exercised; further easing is limited before policy becomes too loose. Major non-US currencies: 1. The governor of the Bank of Japan will visit the United States before the policy meeting in October....
Federal Reserve Governor Paul Waller said the Fed needs to cut interest rates, but it needs to be cautious in implementing them. Open to a 25 basis point rate cut at the upcoming meeting.
Treasury Secretary Scott Bessent said Wednesday that there are 11 "strong candidates" vying for the Fed chairpersonship and that he would begin vetting and selecting them next month. The list of candidates includes Lorie Logan, the president of the Dallas Fed, and James Bullard, the former president of the St. Louis Fed.
A survey conducted by Aviva, a British insurance company, found that 27% of British adults are willing to include cryptocurrencies in their individual retirement plans. The survey revealed that more than 40% of those interested are motivated by the prospect of high returns, and another 23% would consider withdrawing part of their pension to invest in cryptocurrencies. Previously, it was reported that the United States has allowed bitcoin and other cryptocurrencies to enter the 401 (k) retirement...
Johnson, the speaker of the US House of Representatives, said he is open to reforming the Federal Reserve, but depends on the details.
According to CCTV coverage, Russian President Vladimir Putin said on June 27 local time that Russia and Ukraine are negotiating to find a way to reconcile. The heads of delegations of the two sides are consulting on a possible date for a new round of negotiations. In addition, the draft memorandum between Russia and Ukraine on conflict resolution should be the topic of discussion in the third round of negotiations...
Market news: Russian President Vladimir Putin says Russia is open to bilateral talks with Ukraine on the issue of (mutual) strikes.
Von der Leyen, the president of the European Union Commission, said that the European Union has prepared a strong counter-plan and will implement it if necessary. The European Union will carefully evaluate the relevant announcements of the United States and respond appropriately. Von der Leyen stressed that all response measures are on the negotiating table, but at the same time warned that tariffs will increase inflation, which is exactly the outcome that the European Union wants to avoid. The ...
Loeffler, the head of the U.S. Small Business Administration (SBA), said the SBA will be open to cryptocurrencies.
Zelensky is open to stepping down in exchange for peace in Ukraine and NATO membership. He refused to sign "an agreement to be repaid by 10 generations of Ukrainians". Click to view...