[Federal Reserve's Kashkari Says Inflation Remains Elevated and Job Market Under Pressure]
Minneapolis Federal Reserve Bank President Neel Kashkari stated that the current inflation rate is approximately 3%, which is still too high. In his opening remarks at the Minneapolis Fed meeting, he mentioned that certain sectors of the U.S. economy are performing well, but some areas of the labor market are under pressure.
The US federal government has reopened, ending the previous shutdown. Specific details and subsequent policy developments still need to be monitored. (CoinDesk)
[51,176 SOL Transferred from Coinbase Prime to Wintermute]
According to Arkham data, at 00:43 (UTC+8), 51,176.81 SOL (valued at approximately $7.75 million) was transferred from Coinbase Prime to Wintermute.
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[Federal Reserve's Daly Says Continued Efforts Needed to Bring Inflation Down to 2%]
Federal Reserve's Daly stated that efforts are still needed to bring the inflation rate down to 2%.