Odaily Planet Daily News: Federal Reserve Governor Cook said that trade policies may make it more difficult to reduce inflation, and I have seen evidence that trade policies are currently affecting the economy. The economy is in a 'stable state', and despite facing trade policy risks, it is expected that economic growth will slow down this year. Trade policy poses risks to the Federal Reserve's inflation control and employment tasks. In the process of formulating monetary policy, the Federal Reserve aims to balance its goals and control long-term inflation expectations. The Federal Reserve's monetary policy is "in a favorable position" and can respond to various scenarios. (Golden Ten)
The company's bitcoin output rose 35% month-over-month, hitting its highest level since the 2024 halving.
According to BlockBeats, on June 4th, sources revealed that Trump will launch a branded cryptocurrency wallet and trading application, encouraging his supporters to purchase Meme coins and other cryptocurrency assets.
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Odaily Planet Daily News: Dutch International Group economist Knightley said that the Federal Reserve may not cut interest rates until December, but will choose to significantly cut interest rates by 50 basis points. The economist stated that due to the inflationary impact of tariffs, the Federal Reserve will not immediately cut interest rates. However, the impact of tariffs on prices will be one-time. This will enable the central bank to boost the slowing economy later by cutting interest rates. The possibility of a September interest rate cut is high in the current pricing of the US money market. However, Knightley stated that the Federal Reserve may also wait longer rather than choosing to make a larger rate cut in December. (Golden Ten)