[Federal Reserve's Bostic: 2026 Dot Plot Forecast Does Not Include Rate Cuts]
Federal Reserve's Bostic stated that the 2026 dot plot forecast does not include any rate cuts, believing the economy will perform more robustly at approximately 2.5% GDP growth, thus policy needs to remain restrictive.
[Federal Reserve's Bostic: Further rate cuts will pose risks to inflation]
Federal Reserve's Bostic stated that further rate cuts would push monetary policy toward or into the easing territory, thereby posing risks to inflation and inflation expectations.
[U.S. President Trump to Deliver National Address at 10 AM Thursday, May Preview New Year Policies]
U.S. President Trump announced on social media that he will deliver a prime-time national address at 10 AM (UTC+8) on Thursday. The speech comes as Trump approaches the end of his first year back in the White House, with approval ratings declining and economic headwinds mounting. The White House revealed that Trump will speak on historic achievements, discuss future outlooks, and may preview new year policies. This address provides Trump with a platform to highlight his accomplishments and outline priorities for the coming year, as the Republican Party aims to retain control of Congress in the midterm elections next November.
US President Trump will interview Federal Reserve Governor Christopher Waller to consider nominating him for the position of Federal Reserve Chairman. (Watcher.Guru)
BTC options flow points to expectations for a broad range play rather than a massive surge or crash.
What to know : Bitcoin's derivatives market shows stability, with strong support at $85,000 and resistance between $95,000 and $100,000. Traders are selling put options at $85,000, indicating confidence that bitcoin won't fall below this level soon. Call options are being sold at $100,000.