[Analysis Suggests Fed Rate Cut This Week May Be a Low-Risk Move] Federal Reserve Chair Jerome Powell previously defined last month's 25-basis-point rate cut as a risk management measure aimed at avoiding undue drag on the economy. Renaissance Macro Chief Economist Neil Dutta stated that if another 25-basis-point rate cut occurs this week, its risk controllability would be similar to the previous one. Dutta pointed out that the persistent accumulation of weakness in the labor market, potential cooling of inflation, and multiple corporate layoff plans indicate a worsening employment environment. Additionally, he believes that after excluding tariff factors, core inflation levels are close to the Fed's regulatory target.
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More >BTC falls below the $114000 mark
OKX-BTC/USDT is currently trading at $113998.50, with a 5-minute decline of 0.03%. Please pay attention to market fluctuations.
美联储10月降息25个基点概率达97.3%
[Probability of Fed Cutting Rates by 25 Basis Points in October Reaches 97.3%] According to data from the CME 'FedWatch' tool, the probability of the Federal Reserve cutting rates by 25 basis points at its October meeting is as high as 97.3%, while the likelihood of maintaining the current interest rate level is only 2.7%. Additionally, the market expects a cumulative rate cut of 50 basis points by the Fed in December with a probability of 95.3%.
ETH falls below the $4100 mark
OKX-ETH/USDT is currently trading at $4098.24, with a 5-minute drop of 0.47%. Please be aware of market fluctuations.
AgriFORCE获股东批准3亿美元交易,将更名为AVAX One
[AgriFORCE Secures Shareholder Approval for $300 Million Deal, to Rebrand as AVAX One] AgriFORCE Growing Systems (NASDAQ: AGRI) announced that it has received shareholder approval to complete a private investment transaction worth approximately $300 million, led by Hivemind Capital, and is expected to close by October 30. Following the transaction, AgriFORCE will rebrand as AVAX One and change its stock ticker, becoming the first publicly listed company focused on the Avalanche ecosystem. AVAX One plans to hold over $700 million worth of AVAX tokens through a digital asset treasury strategy, establishing an institutional-grade access platform for Avalanche, while continuing to operate its existing energy-driven digital infrastructure and clean energy technology businesses.
MetaMask:注册域名或为空投铺路
MetaMask已注册用于代币认领的域名,暗示其备受期待的空投计划可能即将启动。(Cointelegraph)