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According to Jinshi reports, Federal Reserve official Kashkari stated that the longer the war lasts, the greater the inflationary pressure will be. In some cases, the Federal Reserve may need to raise interest rates to address this challenge.

According to Jinshi reports, Federal Reserve Kashkari stated that the Federal Reserve should indicate that the next step could be either an interest rate hike or a cut.

According to Jinshi reports, Federal Reserve official Kashkari stated that before the outbreak of the war, he believed inflation might decline and that it was necessary to cut interest rates again this year. However, the changes in March were not sufficient to prompt a revision of the policy statement.

According to Jinshi reports, Federal Reserve official Kashkari disagreed at the Federal Open Market Committee meeting, believing that the uncertainty in the Strait of Hormuz means the Federal Reserve should acknowledge the risks of interest rate hikes in its statement.

According to Jinshi reports, Federal Reserve official Kashkari stated that even in the "favorable scenario" of the Strait of Hormuz reopening soon, inflation levels will remain high, leading to interest rates needing to be maintained at the same level for a longer period.

According to official news, Gate has integrated with the Kasplex L2 network and has opened up Kaspa (KAS) token deposits and withdrawals on the Kasplex L2 network. Users can now transfer KAS from Kaspa L1 to the Kasplex L2 wallet through Gate, significantly lowering the entry barrier and enhancing asset circulation efficiency and on-chain interaction experience.Kasplex is a Layer 2 network built on the Kaspa ecosystem, aimed at improving smart contract compatibility and transaction processing efficiency, supporting a wider range of decentralized applications (dApps) to operate securely and efficiently within the Kaspa ecosystem. As an L2 network ordered by Kaspa L1, Kasplex still uses KAS as its sole network token.

According to Coinmarketcap data, the performance of the top 100 cryptocurrencies by market capitalization is as follows, with the top five gainers: Zcash (ZEC) up 14.4%, current price $267.58; MemeCore (M) up 8.6%, current price $1.74; Kaspa (KAS) up 6.59%, current price $0.03582; Aster (ASTER) up 4.66%, current price $0.7556; DeXe (DEXE) up 4.63%, current price $5.41.The top five losers: Pi (PI) down 8.65%, current price $0.1786; Pepe (PEPE) down 7.6%, current price $0.0000053641; Kite (KITE) down 6.35%, current price $0.1989; Bittensor (TAO) down 6.28%, current price $271.51; Morpho (MORPHO) down 5.96%, current price $1.77.

According to Bloomberg, stablecoin payment company KAST has completed its latest round of financing, raising $80 million, which values the company at $600 million. The round was co-led by QED Investors and Left Lane Capital, and the funds will be used for expansion in North America, Latin America, and the Middle East, as well as for hiring, licensing applications, and product development.According to insiders, KAST expects its annual revenue run rate to rise to $100 million this year. This financing further confirms the trend of venture capital firms continuing to invest heavily in the digital dollar account space, with related startups attracting significant capital inflows.

According to Jinshi reports, Federal Reserve official Kashkari stated that if inflation cools, it may be appropriate to lower interest rates one to two times later this year.

According to Jinshi reports, Federal Reserve official Kashkari stated that as the shadow of war looms over the outlook, the Federal Reserve can choose to wait and see.

According to Jinshi reports, Federal Reserve official Kashkari stated that he does not want to repeat the mistake of "transitory" misjudgment.

According to Jinshi, Federal Reserve official Kashkari stated that the U.S. economy does not need restrictive policies.

According to Jinshi reports, Federal Reserve official Kashkari stated that before the Iran war, the inflation trend was improving, but now the conflict has made the monetary policy outlook uncertain.

According to Jinshi, Federal Reserve official Kashkari stated that recent investments in artificial intelligence are likely to push up the neutral interest rate.

According to Jinshi reports, Federal Reserve official Kashkari stated that they originally expected to cut interest rates once in 2026, but are now no longer certain about it.

According to Jinshi reports, Federal Reserve official Kashkari stated that the current level of inflation is still too high, but overall it is on a downward trend.

According to Jinshi, Federal Reserve official Kashkari stated that the Federal Reserve must achieve a 2% inflation target.

According to Jinshi, Federal Reserve official Kashkari stated that the strong performance of the economy suggests that the neutral interest rate may rise.

According to Jinshi reports, Federal Reserve official Kashkari stated that more data is needed to determine what actions the Federal Reserve should take regarding interest rates this year.

According to Jinshi reports, Federal Reserve official Kashkari stated that the war in Iran could impact monetary policy.