BTC $80,066.77 -1.42%
ETH $2,322.64 -1.54%
BNB $739.18 -2.71%
XRP $1.29 -2.43%
SOL $100.28 -2.26%
TRX $0.3312 -0.15%
DOGE $0.0786 -1.80%
ADA $0.2010 -2.62%
BCH $279.52 -6.20%
LINK $11.62 -1.15%
HYPE $87.91 +8.12%
AAVE $132.88 -1.48%
SUI $0.9218 -1.96%
XLM $0.1697 -1.00%
ZEC $1,273.10 -2.09%
AAPL $348.61 +0.72%
AMZN $250.03 -1.43%
GOOGL $288.68 -11.23%
MSFT $539.07 +1.75%
META $618.14 -0.53%
NVDA $214.23 -2.53%
TSLA $402.70 -1.90%
SNDK $1,364.83 +0.04%
INTC $92.29 -3.27%
SPCX $142.88 -4.26%
MU $955.98 -0.83%
AMD $564.82 -0.77%
BTC $80,066.77 -1.42%
ETH $2,322.64 -1.54%
BNB $739.18 -2.71%
XRP $1.29 -2.43%
SOL $100.28 -2.26%
TRX $0.3312 -0.15%
DOGE $0.0786 -1.80%
ADA $0.2010 -2.62%
BCH $279.52 -6.20%
LINK $11.62 -1.15%
HYPE $87.91 +8.12%
AAVE $132.88 -1.48%
SUI $0.9218 -1.96%
XLM $0.1697 -1.00%
ZEC $1,273.10 -2.09%
AAPL $348.61 +0.72%
AMZN $250.03 -1.43%
GOOGL $288.68 -11.23%
MSFT $539.07 +1.75%
META $618.14 -0.53%
NVDA $214.23 -2.53%
TSLA $402.70 -1.90%
SNDK $1,364.83 +0.04%
INTC $92.29 -3.27%
SPCX $142.88 -4.26%
MU $955.98 -0.83%
AMD $564.82 -0.77%

night

All
Article
Flash

Tonight's Federal Reserve meeting preview: The "pause" in rate hikes in October is almost certain, how it will affect the probability of a rate hike in December becomes the focus

The Federal Reserve will announce its October interest rate decision at 2 AM Beijing time on the 29th. The market generally expects the federal funds rate target range to remain unchanged at 3.75%--4.00%, with a probability of maintaining the status quo at over 90%. The wording of the statement and whether Chair Waller's press conference will release more hawkish signals, as well as how this will affect the market's significantly priced probability of a 25 basis point rate hike in December, have become the focus of attention.Goldman Sachs, Citigroup, and Credit Agricole all expect a pause in October and a 25 basis point hike in December. Goldman Sachs stated that if rate hikes continue every other meeting through 2027, a hike in March may be considered, but the baseline forecast does not expect a hike in March. Citigroup mentioned that if the stock market continues to weaken, leading to a sharp tightening of financial conditions, the likelihood of a shift to rate cuts will significantly increase. Moody's believes there will not and should not be another rate hike this week. Nomura Securities expects no change in October and stated that while the Federal Reserve guides expectations for a pause, it retains flexibility for a rate hike in December.TD Securities expects no change in October and anticipates two more hikes in December and March. Huatai Securities expects no change in October, with two hawkish voters possibly casting dissenting votes, with the baseline scenario being one rate hike in December this year and two hikes next year. Morgan Stanley expects a 25 basis point hike in both December and March next year. Bank of New York Mellon expects rates to peak slightly above 4.5%. Bank of America believes there is ample reason to raise rates in October; if they remain unchanged, they will only retain one option for a future hike.

Sun Yuchen appeared in a video at HTX DAO "Night of the Future": AI and digital finance integration, promoting the free flow of value in the digital world

On the evening of October 6, HTX DAO's "Night of the Future" was held in Singapore. HTX DAO core supporter Sun Yuchen stated via video that the cryptocurrency industry is deepening its connection with traditional finance, promoting the continuous digitization of global financial infrastructure; AI is changing the way wealth is created, while Crypto and digital finance are altering the ways wealth is held and flows.Sun Yuchen pointed out that stablecoins are expected to play a more important role in global payments and settlements, and the on-chain applications of traditional assets such as bonds, funds, and gold will continue to be explored. After AI Agents enter economic activities, there will be further demand for identity, accounts, and independent trading capabilities. He emphasized that the long-term value of technology lies in its transformation into real productivity, and "the free flow of value in the digital world" is the trend he is most concerned about for the next decade, hoping that blockchain will enhance the accessibility, convenience, and efficiency of financial services.This event further strengthened the communication between HTX DAO and global communities and industry builders. HTX Ventures will appear at TOKEN2049 from October 7 to 8, with a booth located at PB5-47&48. From October 6 to 8, HTX DAO will also host several invitation-only events such as reunions and VIP private dinners.
app_icon
ChainCatcher Building the Web3 world with innovations.