The probability of the Fed cutting interest rates by 25 basis points in September is 55%.

The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 55.0%, while the probability of a 50 basis point cut is 45.0%. The probability of the Federal Reserve cutting interest rates by a cumulative 50 basis points by November is 32.1%, by 75 basis points is 49.2%, and by 100 basis points is 18.8%.

Comments

All Comments

Recommended for you

W2140 EXPO ·

[Extrefaster] The W2140EXPO Organizing Committee attaches importance to the Thai government

The W2140EXPO Organizing Committee attaches importance to the Thai government
W2140 EXPO ·

BangkokW2140World Ai + Web3 ExpoConferenceHold, Thailand Tourism and Sports Minister attended

BangkokW2140World Ai + Web3 ExpoConferenceHold, Thailand Tourism and Sports Minister attended
W2140 EXPO ·

[Popular Exhibition] W2140 World Expo (Thailand Station) receives gold financial support

W2140 World Expo (Thailand Station) receives gold financial support
Glassnode ·

Revisiting the Mean

Following a 10% price correction, the Bitcoin market has rebounded back to the $63k level, in an attempt to reclaim the critical Short-Term Holder cost-basis.
Cointime精选 ·

Trump Is Winning And We’re Closer Than Ever to Freeing Ross: NIKOLAUS

According to the world's largest prediction market, Polymarket, the pro-Bitcoin candidate for the upcoming presidential election, Donald Trump has taken a 13% lead over Kamala Harris.
Cointime精选 ·

Citi Token Services for Cash goes live

A year ago, Citi unveiled two tokenized deposit solutions in pilot mode. Citi Token Services for Cash enables enterprises and institutions to move money between Citi branches around the world 24/7. This is now available commercially, with Mars as one of the first clients.
US Senators propose stablecoin regulation bill

US Senator Bill Hagerty, who supports cryptocurrencies, has announced a legislative discussion draft aimed at creating a regulatory framework for stablecoins, which is very similar to the work being done in the House of Representatives. Republican Hagerty said in a statement on Thursday that his bill "provides much-needed regulatory clarity." The bill is very similar to the Clarity for Payment Stablecoins Act drafted by Republican Representative Patrick McHenry and Democrat Maxine Waters in the House.
South Korea’s financial regulator may lift the ban on spot cryptocurrency ETFs

The Block reported that the Financial Services Commission (FSC) of South Korea recently stated that it will re-evaluate the ban on spot cryptocurrency ETFs and institutional accounts trading on cryptocurrency exchanges. This news marks a significant shift in regulatory attitudes towards digital assets. It is reported that the newly established cryptocurrency committee of the FSC will review the current ban. Previously, South Korean lawmakers have been calling for a change in the status quo, and both the ruling Democratic Party and the opposition party promised to approve local spot Bitcoin ETFs in this year's early elections. Since 2018, institutional investors in South Korea have been effectively banned from opening trading accounts on cryptocurrency exchanges. This policy adjustment may open up new channels for institutional investors to participate in the cryptocurrency market. At the same time, FSC Chairman Kim Byung-hwan stated that he will investigate the monopoly structure of South Korean digital asset exchanges. Data shows that among the five exchanges in South Korea that have obtained full licenses, Upbit processed more than 1.17 billion US dollars in trading volume in the past 24 hours, accounting for more than 61% of the market share. In March of this year, its monthly average market share soared to 80%. Legislator Lee Kang-ik also expressed concern about the financial relationship between Upbit and its partner bank K-bank. He pointed out that Upbit's deposits account for 20% of K-bank's total deposits, warning that if the cooperation between the two is interrupted, it may cause a run risk.
Cointime精选 ·

Money Routers

Hello,Crypto’s killer application is already here in the form of stablecoins. In 2023, Visa did close to $15 trillion in transaction volume. Stablecoins did about $20.8 trillion in total transaction volume. Since 2019, $221 trillion in stablecoins have been exchanged between wallets.Over the past few years, the equivalent of global GDPs has been moving through our blockchains. Over time, this capital has accumulated in different networks. Users switch between protocols for better financial opportunities or lower transfer costs. With the arrival of chain abstraction, users may not even know they are using a bridge.
Nigerian regulator pledges to crack down on cryptocurrency fraud

Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on fraud, money laundering, and market manipulation in the cryptocurrency industry. SEC Director-General Emomotimi Agama emphasized the importance of educating investors. Lagos State Governor Babajide Sanwo-Olu expressed support for regulating the cryptocurrency industry.