Federal Reserve Vice Chairman Jefferson stated that future policy adjustments should be determined by analyzing data trends, economic prospects, and risk balance. Officials need more time to evaluate the data before raising interest rates again, which echoes the statement made by New York Fed President John Williams. (Source: Jin Shi)
[Federal Reserve Vice Chair Jefferson: More Time Needed to Assess Before Making the Next Rate Decision]
Federal Reserve Vice Chair Jefferson stated that the Fed requires more time to assess before making the next rate decision. The Federal Open Market Committee needs to observe changes in various economic indicators to determine whether to proceed with the rate hike process. (Source: Jin10 Data)
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Caroline Pham: SEC and CFTC have regulatory authority to establish rules for digital assets
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Caroline Pham stated that the existing regulatory powers of the SEC and CFTC are sufficient to establish rules for digital assets, which can be achieved as long as time is invested in sorting them out.
