[Federal Reserve's Williams: Fiscal policy may push neutral rate up by 25 to 50 basis points] Federal Reserve's Williams stated that fiscal policy might have raised the neutral rate by 25 to 50 basis points.

In the past 24 hours, the market experienced a $2.2 billion liquidation due to the Bitcoin price falling to $80500. （Bitcoin Archive）

[Trump Considers Candidates for Federal Reserve Chair, Bessent and Hassett in Focus] Federal Reserve Chair Powell's term will end in May next year, and the search for the next Federal Reserve Chair is now fully underway, with five candidates vying for the position. Trump has repeatedly criticized Powell, demanding lower interest rates, and has stated he 'would love to fire him.' Trump is inclined to choose Bessent but may also consider Hassett, who has hinted at supporting Trump's significant rate-cut proposals.

JPMorgan Chase stated that Bitcoin is more attractive than gold and believes that Bitcoin has significant upside potential. （The Bitcoin Historian）

[Federal Reserve's Williams: Current policy is slightly restrictive, room for rate cuts remains in the near term] Federal Reserve's Williams stated that the current policy is slightly restrictive, and there is still room for rate cuts in the near term. He pointed out that tariffs have driven up prices but are not expected to cause sustained inflation; economic growth has slowed, and the labor market is gradually cooling; inflation progress has stalled, but it is expected to achieve the 2% target by 2027.