News list for "talk"
Japan's 30-year bond yield hit a record high, driven by persistently high inflation and growing market expectations that the Bank of Japan will raise interest rates later this month. It is up 1.5 basis points at 3.405%. Bank of Japan Governor Kazuo Ueda said on Monday that the central bank will thoroughly discuss the possibility of a rate hike at its upcoming meeting, boosting market expectations for a near-term rate hike. The 10-year bond yield was flat at 1.875%. (Jin Ten)
2Wai’s new “HoloAvatar” tool turns minutes of footage into lifelike replicas of deceased loved ones, igniting ethical alarms over consent, privacy, and the commercialization of grief.
A team at Shanghai AI Lab says most AI errors stem not from bad models but from thin prompts. Their solution—“context engineering”—shows that giving language models richer background information leads to better results.
Powell's words turned cautious, and the golden day turned from up to down! South Korea and the United States reached a trade agreement, and Nvidia became the first company with a market value of more than 5 trillion dollars... What major events happened in the world last night and this morning?
The market's expected "sequential interest rate cuts" were poured cold water. The Federal Reserve cut interest rates as scheduled, but Powell turned cautious. He stressed that the December interest rate cut is not a DingTalk on the board, and the data vacuum needs to move forward cautiously and slowly. Click to view...
As the US government shutdown continues, Mr. Trump said he was confident the standoff would end in a positive way. He said his administration and Republicans were "winning" as they worked to cut federal spending. Asked how the shutdown would end, Mr. Trump replied: "Great. We're winning, and we're cutting costs dramatically!" Despite Mr. Trump's optimism, members of Congress have left Washington for the weekend without any visible progress and are yet to reopen...
According to Al Jazeera, senior Hamas officials say the Hamas negotiating team was targeted in the Doha bombing.
"The labour market conditions that I have observed over the past year can be described as a'moderate and gradual cooling ', but the overall situation remains solid," said Mr. Williams, a Fed official and Powell ally. While the unemployment rate rose only modestly to 4.2 per cent in July, compared with 4.1 per cent in June, the relatively weak rate has not changed.
On July 31st, when asked about the negative votes of Federal Reserve Governors Bowman and Waller in the interest rate decision, Federal Reserve Chairperson Powell said that most members of the FOMC believe that it is appropriate to maintain a moderately restrictive stance given that inflation is above target. The two opponents clearly explained their thinking, and we want to see that clarity of thought and expression, and we all saw that today.
