In the June dot plot, Fed officials lowered their expectations for the number of rate cuts by the end of 2027. Even so, with the release of the dot plot, the yield on the two-year Treasury note, which follows the Fed's policy expectations, fell slightly. Traders may be reacting to Fed officials' forecasts for slower economic growth, compared with March estimates. The Fed now expects growth of 1.4 per cent this year and 1.6 per cent next year, compared with March forecasts of 1.7 per cent and 1.8...
Christine Kim, Vice President of Research at Galaxy, posted a summary of the 151st Ethereum Core Developer Consensus (ACDC) conference call. During the meeting, developers discussed the client side team's readiness for the Pectra upgrade on the Holesky testnet and the follow-up to PeerDAS Devnet 5. Developers also agreed to finalize EIP 7872, maximum blob flags for native builders, and hardware and bandwidth recommendations for EIP 7870, validators, and full nodes.
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Trump and Musk lavished praise on each other during the hour-long interview. Trump promised not to cut Social Security and Medicare, and Musk declared that he would avoid conflicts of interest... Click to view...
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