Ethereum and XRP prices have fallen more than Bitcoin, causing cryptocurrency market bulls to suffer greater losses. （Decrypt）

[Federal Reserve's Schmid Proposes Measures to Ease Liquidity Pressure] Federal Reserve's Schmid stated that the Fed can support a smaller-scale balance sheet and ease liquidity pressure by lowering the reserve interest rate and relaxing the use of the standing repo facility.

[Federal Reserve's Schmid: Reserve Demand Has No Clear Link to Nominal GDP Growth] Federal Reserve's Schmid stated that there is little reason to believe that reserve demand will increase with the steady growth of nominal GDP.

[Federal Reserve's Schmid Tends to Focus on Overall Inflation Rate in Policy Making] Federal Reserve's Schmid stated that he tends to focus on the overall inflation rate when formulating policies.

[Federal Reserve's Schmidt: Rate cuts may have lasting impact on inflation] Federal Reserve's Schmidt stated that further rate cuts could have a lasting impact on inflation.