On July 30, Bank of England Governor Bailey: There is a disagreement between acting as soon as possible or waiting to see. It is reasonable to wait for developments. I think we can wait and see. Waiting for all second-round effects to emerge before acting will be too late; but it is currently uncertain when action will be taken. Market conditions are an important part of the judgment on quantitative tightening. I hope no one leaves this room thinking the Bank is close to raising interest rates.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Bank of England Governor: I hope no one leaves this room thinking the Bank is close to raising interest rates
-
Wechat scan to share
Recommended for you
-
Philadelphia Semiconductor Index Rises Over 5%: Micron Technology Up Over 9%, SanDisk Up Over 16%
On July 30, the Philadelphia Semiconductor Index rose over 5%. TSMC rose over 5%, SK Hynix and Micron Technology rose over 9%, Intel rose over 6%, ASML rose over 5%, SanDisk rose over 16%, Western Digital rose over 12%, and Seagate Technology rose over 14%. -
Spot Gold Surpasses $4,100
On July 30, spot gold broke through $4,100 per ounce, up 0.84% on the day. -
U.S. Stock Storage Sector Gains Expand, SanDisk Surges About 20%
On July 30, gains in the U.S. stock storage sector expanded, with SanDisk rising about 20%, Seagate Technology up about 18%, Western Digital up about 16%, Micron Technology up about 11%, and SK Hynix up about 11%. -
USD/JPY's Decline Widens to 2%
On July 30, USD/JPY's intraday decline widened to 2.00%, hitting a low of 160.05. -
SpaceX Rises Over 5%
On July 30, SpaceX (SPCX.US) rose over 5% to $118.41. On the news front, SpaceX announced it has secured a $1.6 billion order from the U.S. Space Force to perform 18 Falcon 9 rocket launch missions by the end of 2027, launching satellites for the Pentagon to detect and track aerial targets. -
USD/JPY Plunges
On July 30, the USD/JPY pair experienced a short-term plunge, falling 1.50% intraday to 160.9. -
USD/JPY Plunges Sharply, Cumulative Drop Exceeds 250 Pips
USD/JPY continues to plunge sharply in the short term, with a cumulative drop of over 250 pips, sparking intervention speculation. -
Nasdaq Rises Over 2%
On July 30, U.S. stocks extended gains, with the Nasdaq rising 2.01%, the Dow up 0.47%, and the S&P 500 index up 1.00%. -
If Fed Holds Rates Steady in September, It Could Trigger a Sharp Surge in U.S. Treasury Yields
On July 30, analyst Edward Harrison wrote that despite current market pricing suggesting a nearly two-thirds probability of a rate hike in September, the Federal Reserve may once again surprise by keeping rates unchanged. If this scenario occurs, it would further push up the U.S. Treasury yield curve, triggering severe market turmoil. The article notes that Federal Reserve Chair Kevin Warsh hinted at a press conference after the July policy meeting that the spontaneous tightening of financial conditions in the near term had, to some extent, replaced the need for the Fed to act in July. Based on this logic, the market is likely to face a similar dilemma in September. Data shows that although the core Personal Consumption Expenditures (PCE) price index for June came in below expectations, the 30-year U.S. Treasury real yield briefly surged to 2.98% on Thursday. Additionally, upcoming economic data may provide the Fed with reasons to wait and see. On one hand, the core PCE reading was lower than market expectations; on the other, the Bureau of Economic Analysis (BEA) is recalculating its methodology for measuring price increases, which critics argue is flawed, and the adjustment could statistically reduce reported inflationary pressures. -
Hassett: AI Not Pushing Market into Bubble Territory
On July 30, Kevin Hassett, the White House economic adviser, stated that artificial intelligence has not pushed the market into bubble territory.
Daily Must-Read
-
KeyFlow: Connecting UniKey, AI Agents, and the KEY Value System, Turning Intelligent Services from “Being Called” into “Sustainable Flow”
-
The AI Universe Gateway Is About to Open: KeyFlow Official DApp to Launch Global Public Beta and Genesis Registration on July 29
-
The Invisible Bill: Unpacking the Token Amplification Effect
-
ENI Takes the Stage at WebX Japan and Builds a Bridge from Traditional Capital to the Future Economy
-
GWDC 2026 KOREA: The New Asian Paradigm of Web3 & AI Sets to Debut in Seoul on Sept 29-30, Inviting Global Builders to the Ultimate Developer Summit
-
From User Journey to Consumption Loop: Understanding UniKey’s Product Logic and the Three Core Use Cases of KEY
All Comments