The Federal Reserve faces complications in its decision-making, Schmid said on Wednesday. He noted that while he has heard of nervousness in the agricultural sector over tariffs, the recent drop in energy prices could serve as a "shot in the arm" to curb inflation to some extent. "I just think we have to be a little bit patient and see how these things play out," Schmid said. Ultimately, he said, the Fed will "respond in a positive way to any distractions that may affect the dual mandate" of achieving price stability and full employment. Schmid also briefly touched on the importance of the Fed's political independence, saying that it is precisely because of political independence that Fed policymakers can set interest rates with only the financial and economic stability of the United States in mind. (Jin Ten)
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According to Ember monitoring, a whale turned 3.25 million USDC into Hyperliquid 2 hours ago and shorted 11,241 ETH at an average price of $2,935 with 25 times leverage, with a nominal value of $33.03 million, an opening price of $2,935, and a clearing price of $3,135.
In response to the impact of digital currencies, especially stablecoins, on the global monetary system, former Vice Minister of Finance Zhu Guangyao held a conference on June 26.
According to Onchain Lens (@OnchainLens), a whale that had been asleep for 6.5 months became active again, purchasing 22.78 billion PEPE tokens at a cost of 858.55 ETH (~ $2.39 million) and 150,748 USDT.
According to the chain analyst @ai_9684xtpa monitoring, giant whale 0x564... 7dE7d in the past 5 hours to Binance recharge 4500 ETH (about 13.08 million dollars), this part of ETH he held for more than a year, the cost of building a position is about 3868 dollars, if sold will lose 4.32 million dollars; in April this year ETH short-term low of 1385 dollars, when he once lost 11.17 million dollars.
Trump said that if Canada decides to increase tariffs for any reason, then the 35% tariff imposed by the United States on Canada will also increase accordingly.
According to on-chain analyst Ember, the Ethereum Foundation sold 1,210 ETH for 3.496 million USDC two hours ago, with an average selling price of 2889.5 dollars.
The content of the private remarks of US Treasury Secretary Bescent was exposed: not only did he talk about the impatience of his boss, but also launched a new mockery of Musk, "maybe he can get votes on Mars". Click to view...
The Houthi armed forces sank a series of merchant ships in the Red Sea, and the crew requested rescue, but the US and British fleets were collectively absent, and the fleet "can only rely on itself". Click to view...
On July 11th, Trump said in an interview with NBC on Thursday that he plans to impose 15% or 20% general tariffs (Blanket Tariffs) on most trading partners, and dismissed concerns that further tariffs could negatively affect the stock market or drive inflation. "All the remaining countries are going to pay, whether it's 20% or 15% (tariffs). We'll fix that now. I think these tariffs are welcomed. The stock market hit another high today", Trump said. "Not everyone has to get a letter. You know. W...