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4/29
15:40
Svmuu reported that, according to the Wall Street Journal, following some hawkish signals from Federal Reserve officials, Wall Street traders are betting on the possibility of a Fed rate hike this year, even though the odds remain low. Data from CME interest rate futures shows that traders now see an 11% chance of a rate hike this year, up from 5% earlier in the day and 0% on Tuesday, while the probability of a rate cut hovers around 2%.
15:35
According to Gate data, WTI crude oil surged 8.00% intraday, currently trading at $109.52 per barrel.
15:27
Svmuu News: Federal Reserve Chairman Jerome Powell stated at a press conference that monetary policy may be in a neutral range with respect to its impact on the economy. He noted, “I believe we are very close to the neutral rate, which could be in the range of 3% to 4%, while the current federal funds rate target range is 3.5% to 3.75%.” He added, “If rate hikes are needed, we will signal and implement them, and vice versa.” (Jin Shi)
15:18
Svmuu reported that Federal Reserve Chairman Jerome Powell stated at a press conference that he will continue to serve as a Fed governor for a period of time after stepping down as chairman. Powell noted that over the past three months, the Federal Reserve has suffered unprecedented damage, and he is determined to defend its independence. Powell made it clear that the damage he referred to was not political criticism but purely legal actions. He said, 'What has happened over the past three months leaves me no choice but to stay on.' Powell stated that the Department of Justice will not launch another investigation into him unless a criminal referral is made by the Federal Inspector General. However, Powell was not satisfied with this, saying, 'I will continue to serve as a Fed governor for a term to be determined,' and pledged to 'keep a low profile.' (Jin Shi)
15:10
Svmuu News: Federal Reserve Chairman Powell stated at a press conference that, although some voted against maintaining the dovish stance wording in the statement during the latest monetary policy meeting, he believes officials are not inclined to raise interest rates. Powell said, "People are not saying we need to raise rates now. The discussion is more about whether the Fed should maintain a neutral stance on the policy outlook." (Jin Ten)
15:00
Svmuu News Analysts Anna and Stuart pointed out that today's decision to keep interest rates unchanged was expected, but the dissenting opinions were striking. It is quite ironic that Powell, widely seen as a consensus-builder, presided over the meeting with the highest number of dissenting votes during his tenure as Fed Chair, which was likely his last. This policy statement also upgraded the description of inflation from "somewhat elevated" to "elevated." Coupled with the apparent divisions within the committee, this highlights the challenge Kevin Warsh faces in achieving the interest rate cuts that Trump desires. Unless there is a significant deterioration in the labor market, it is difficult to imagine this divided committee taking action to cut rates anytime soon. (Jinshi)
14:57
Svmuu News: Federal Reserve Chair Powell stated that he will never become a shadow chair. (Jin Shi)
14:42
Svmuu reported that Federal Reserve Chair Jerome Powell said he welcomes the DOJ's announcement last Friday regarding the (closure of the investigation into Powell). Over the past weekend, the DOJ provided assurances that the investigation would not be reopened unless there is a criminal referral. I will not leave until the DOJ's investigation is completely concluded. I will continue to serve as a governor after May 15th, for an undetermined period, and will leave the Fed at an appropriate time. I will serve as a governor in a low-key manner. (Jin Shi)
14:40
Svmuu: Federal Reserve Chair Powell said that nominee for Fed Chair, Warsh, will serve as Chairman of the FOMC. (Jin Shi)
14:39
Svmuu: Federal Reserve Chair Powell: I stand by my position; I will not leave until the Department of Justice investigation is fully concluded. I will remain as a governor after May 15. (Jinshi)
14:38
Svmuu News: Federal Reserve Chair Powell stated that recent inflation expectations have increased, with little change in the unemployment rate. Long-term inflation expectations are consistent with the 2% target. (Jinshi)
14:36
Svmuu: Federal Reserve Chair Powell said, "This is my last press conference as Chair. Congratulations to Warsh."
14:29
Svmuu: U.S. President Trump says it is a good time to lower interest rates. (Jinshi)
14:21
SvmuuNews Federal funds rate swap contracts show that the probability of the Federal Reserve raising interest rates by 25 basis points before April 2027 has reached 50%. (Jinshi)
14:20
Svmuu News: US President Donald Trump: If Iran doesn't reach a deal, I will destroy the remaining missiles and systems. (Jin Shi)
14:18
Svmuu News Analyst Anstey pointed out that we seem to be in uncharted territory and need more time to understand the current situation. It should be noted that regarding the interest rate decision itself, the only dissenting vote came from Milan, who wanted a 0.25 percentage point rate cut. Meanwhile, the other three members—Hammack, Kashkari, and Logan—believe it is appropriate to keep rates unchanged today. Interestingly, these three committee members who dissented on the policy stance essentially interpreted this statement as leaning dovish. Because literally, it is clearly neutral: the committee will adjust its monetary policy stance in a timely manner based on actual conditions to prevent risks that could hinder the achievement of the committee's goals. The "goals" are, of course, maintaining price stability and achieving maximum employment. But in my view, these three seem to think this statement primarily refers to the employment side of the mandate. (Jinshi)
14:17
Svmuu reports that World Liberty Financial has initiated a token unlocking governance proposal vote, involving 62,282,252,205 locked WLFI tokens. According to the proposal, if passed, the relevant tokens will not enter the market for at least two years.
The proposal indicates that up to 45.2 billion WLFI held by the founding team, advisors, and partners will be subject to a 2-year lock-up followed by a 3-year linear unlock, along with a maximum burn of approximately 4.5 billion tokens. Meanwhile, approximately 17 billion locked tokens held by early supporters are proposed to be converted to a 2-year lock-up followed by a 2-year linear unlock. The voting period for this proposal is 7 days, with a quorum threshold of 1 billion WLFI.
14:16
Svmuu reported that the Federal Reserve kept interest rates unchanged as expected, with a total of 12 voting members participating, among which 4 dissenting votes were cast, the highest number since October 1992. According to the FOMC statement, Fed Governor Michelle W. Bowman voted against maintaining interest rates and supported a 25-basis-point rate cut; Cleveland Fed President Beth M. Hammack, Minneapolis Fed President Neel Kashkari, and Dallas Fed President Lorie K. Logan voted to keep rates unchanged but opposed retaining the dovish-leaning language in the statement. The FOMC statement retained the word "further" in the phrase "in considering the extent and timing of further adjustments to the federal funds rate target range." Investment banks had expected the word "further" to be removed to weaken the implication of a rate cut bias. This meeting is likely to be the last one chaired by Jerome Powell as Fed Chair. (Jinshi)
14:16
Svmuu reported that after the Federal Reserve's interest rate decision, mainstream coins such as BTC declined. Coinglass data shows that global liquidations in the past hour totaled $182 million, with long position liquidations at $177 million and short position liquidations at $5.1811 million. Among them, ETH liquidations amounted to $64.78 million, and BTC liquidations reached $63.64 million.
14:12
Svmuu reported that the Federal Reserve's decision shows recent indicators point to economic activity expanding at a solid pace. Job gains have been somewhat weak, and the unemployment rate has changed little in recent months. Inflation remains elevated, partly reflecting recent increases in global energy prices.
The Committee is committed to achieving maximum employment in the long run and keeping inflation at a 2% level. Developments in the Middle East are amplifying uncertainty surrounding the economic outlook. The Committee is closely monitoring the risks facing both sides of its dual mandate.
To support these goals, the Committee decided to maintain the target range for the federal funds rate at 3.5%-3.75%. In considering the magnitude and timing of further adjustments to this target range, the Committee will carefully assess the latest data, evolving outlook, and the balance of risks. The Committee is firmly committed to supporting maximum employment and returning inflation to its 2% objective.
In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. If risks emerge that could impede the achievement of the Committee's goals, it is prepared to adjust the stance of monetary policy as appropriate. The Committee's assessments will take into account a wide range of information, including labor market conditions, inflation pressures and inflation expectations, as well as financial and international developments.

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