「Fed's Soundbites」: The Fed is not ready to cut rates this week
BlockBeats News, July 29th, in a Fed Whisperer article, Nick Timiraos stated that Federal Reserve officials expect they will eventually need to continue cutting interest rates, they just weren't ready to do so on Wednesday. The divide among them is about what evidence they need to see first and whether waiting for clarity is a mistake.
Officials are now split into three camps on the question of whether to resume rate cuts. The focus will be on whether Powell will provide any hints of a September rate cut at the press conference and whether his colleagues will start laying the groundwork for the next meeting's rate cut in the coming days and weeks. (FXStreet)
You may also like

Why does OKX want to start a new company with the parent company of the New York Stock Exchange?

The interim executive director of the Ethereum Foundation speaks out: What is our mission?

Standard Chartered Bank sings a 50x rhapsody again, aiming for AAVE to reach 3500 USD

Tidal Investment: We still have a positive outlook on the AI industry chain, but the reasons have changed

Former SpaceX engineer reconstructs the financial execution system using first principles

Why Is PAXG Price Different From Gold? 5 Reasons Crypto Traders Should Know

The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough

WEEX OpenAPI 101: 5 Powerful Modules, AI Trading Tools, and Grab Up to 70% Revenue Opportunities
Learn how WEEX OpenAPI connects traders, developers, AI agents, and trading platforms. Discover WEEX API features, Binance-compatible integration, automated trading workflows, revenue opportunities, and ecosystem possibilities.

Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies

Interpreting the Ethereum Foundation's new structure: Reaffirming self-sovereignty amid institutional trends

Interview with NDV Founder Jason Huang: Popping the AI Bubble and the Myth of Microstrategy, Seeking the Ultimate Ace in the Crypto Market

Morning Report | Former Ethereum Foundation researcher establishes Ethlabs; EU Parliament Economic Committee passes digital euro regulatory proposal

Dragonfly partner Haseeb: The fastest-growing companies in the future may all be stuck at 149 people

How xBubble Breaks the Deadlock in VC's Heavy Investment in the OPC Economy

The encrypted unicorn Blockstream is deeply embroiled in a serious fraud case

Morning Report | The South Korean Financial Services Commission plans to expand the regulatory sandbox to include virtual assets; the parent company of the New York Stock Exchange, ICE, has reached a partnership with OKX to jointly establish a cryptocu...

Exclusive Interview with Strategy CEO: Putting Aside the Sale of 32 BTC, the 60 Trillion AI Intelligence is the Ultimate Fate of Bitcoin

