Nick Timiraos: Half of analysts predict no interest rate cuts this year
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Nick Timiraos stated that an increasing number of sell side institutions and Federal Reserve observers have withdrawn or postponed their expectations of interest rate cuts, with half believing that there will be no rate cuts this year.
Amazon has partnered with Coinbase and Stripe to launch AgentCore payment functionality, which supports AI agents to automatically use stablecoin payment APIs and network service fees. (Cointelegraph)
Chicago Fed President Goolsby stated that all current interest rate options are under consideration by the Fed, not just interest rate cuts. He mentioned that the energy price shock caused by the Iran War has pushed up inflation, and there are other price pressures besides the energy shock. Gurrs is considering both interest rate cuts and rate hikes, and has expressed anxiety about inflation.
According to Xinhua News Agency, US President Trump announced on social media on the 8th that Russia and Ukraine will cease fire for three days starting from the 9th and exchange 1000 prisoners of war with each other. The ceasefire date he mentioned is different from the arrangements previously announced by Russia and Ukraine.