According to BlockBeats, Federal Reserve Vice Chair Mussallem stated on May 6 that there are reasonable scenarios in which interest rates need to remain stable for an extended period.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Fed Official Mosallam: 2% Inflation Could Warrant Further Rate Cuts
According to Golden Ten, Federal Reserve official Mosallam recently stated that a 2% inflation rate would mean interest rates could be further reduced.
GateNews54m ago
Tenora Secures FCA EMI Licence; Macquarie Raises Stake to 33%
Tenora Financial Group has received authorisation from the Financial Conduct Authority as an electronic money institution in the United Kingdom, while Macquarie has increased its shareholding to 33% through its Commodities and Global Markets division. The dual developments combine regulatory
CryptoFrontier2h ago
Fed Holds Rates Unchanged in June With 94.2% Probability, Rate Cut Odds at 5.8%
According to CME Fed Watch, the Federal Reserve has a 94.2% probability of keeping interest rates unchanged in June, with a 5.8% chance of a 25 basis point rate cut. For July, the probability of holding rates steady stands at 84.1%, with a 15.3% probability of a cumulative 25 basis point cut.
GateNews2h ago
U.S. ADP Employment Beats Expectations at 109,000 in April, Up from 62,000 in March
According to BlockBeats, on May 6, the U.S. ADP employment for April came in at 109,000, beating expectations of 99,000 and rising from 62,000 in March.
GateNews2h ago
Bitcoin Hits $82,000 as 67-Day Negative Funding Streak Reaches Longest Level This Decade
According to K33, Bitcoin (BTC) traded above $82,000 on Wednesday, reaching its highest level in over three months, while hitting a 67-day consecutive negative funding rate—the longest streak this decade, surpassing the March 15 to May 16, 2020 period.
Historical data from K33 shows that buying BTC
GateNews4h ago
TradFi Fall Alert: USDKRW (US Dollar vs South Korean won) Falls Over 1.5%
Gate News: According to the latest Gate TradFi data, USDKRW (US Dollar vs South Korean won) has dropped by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews5h ago
