The Federal Reserve will announce its interest rate decision at 2:00 AM on October 29th. The market widely expects the target range for the federal funds rate to remain unchanged at 3.75%-4.00%. Goldman Sachs, Citigroup, Credit Suisse, and BNY Mellon predict a pause in rate hikes in October and a 25 basis point increase in December. Moody's, Nomura, TD Securities, Huatai Securities, and Morgan Stanley expect rates to remain unchanged in October. Bank of America believes the Fed has reason to raise rates in October. The focus will be on the wording of the Fed's statement, the signals from Fed Chairman Kevin Warsh at the press conference, and the impact of the meeting on the probability of a December rate hike. AI Interpretation: The market consensus on maintaining the status quo in this interest rate decision is extremely high, reflecting that monetary policy has entered a period of observation. The expectation of a pause in rate hikes has anchored short-term interest rate trends, effectively alleviating market concerns about sudden policy changes. The divergence among institutions regarding the future path of interest rate hikes highlights the interplay between inflation and economic growth. The Fed's wording will be the core guide for market expectations, determining the pricing logic of funds regarding the year-end policy direction.

Majors outpaced bitcoin across the board as tech stocks extended a climb.

Robinhood CEO Vlad Tenef stated that the U.S. tokenization market needs enduring regulatory rules. During the Q3 earnings call, Tenef said the SEC's innovation exemption was a positive step, but regulatory uncertainty hinders investors from committing assets to the tokenization market. Robinhood plans to launch private company stock tokens overseas and is exploring a compliance path in the U.S. that meets investor verification requirements. In Q3, Robinhood's cryptocurrency revenue declined 55% year-over-year to $120 million, and its notional cryptocurrency trading volume decreased 38% to $50 billion.

The global economy faces a situation of both resilient growth and sticky inflation, with 31 economies raising their 2027 inflation forecasts. International oil prices remain above $100 per barrel, and energy shocks are increasing the difficulty of central bank policy. Indian refineries are adjusting their crude oil sourcing due to freight costs, and BPCL expects to reduce Russian oil imports in November. The Federal Reserve is expected to keep interest rates unchanged this week; if Fed Chairman Kevin Warsh releases hawkish signals, bond long positions may face liquidation (Source: Reuters).

Trader ps5 established a short position of 300 contracts in the S&P 500 on Hyperliquid at an average price of $7,720, worth approximately $2,317,100, with a floating loss of $1,140. Simultaneously, on Polymarket, they spent $7,812 to buy 8,400 contracts in a "Yes" position predicting the interest rate would remain unchanged in October, with a floating profit of $211. The Federal Reserve will announce its interest rate decision at 2:00 AM UTC+8 on October 29th.