[U.S. 2-Year Treasury Yield Hits Daily Low, Williams: No Need to Rush Tightening Measures] The U.S. 2-year Treasury yield hit a new intraday low, with the latest quote at 4.9030%. Federal Reserve New York President Williams stated that, given the rate hike completed in September, there is no need to rush into tightening measures at this stage. (Source: Jintou Data)

Federal Reserve official Williams stated that there is no need to act hastily after the September rate hike.

[Williams: If the economy meets expectations, there will be one more rate hike this year] Federal Reserve Bank of New York President Williams stated that if the U.S. economy's performance and key indicators meet expectations, the Federal Reserve will raise interest rates once more this year. Interest rate decisions will be adjusted based on subsequent macroeconomic data. (Source: Jin10)

The Federal Reserve's Williams stated that a rate hike is needed by the end of 2026 to achieve its inflation target.

Kalshi is in talks to raise $1 billion at a valuation of $40 billion, which is almost double the $22 billion valuation in May. Tiger Global and Dragoneer are among the investors participating in the negotiations (source: Reuters)