Next week's Fed interest rate meeting may see a "major adjustment" in communication strategy, with the market pricing logic facing a restructuring.
June 12 — Pacific Investment Management Company (PIMCO) highlights that the upcoming Federal Reserve meeting will extend beyond a mere interest rate decision; it may also mark a shift in the central bank’s policy communication framework. New Fed Chair Kevin Wash is expected to reduce forward guidance and downplay the "dot plot," leaving markets to assess interest rate trajectories on their own.
Richard Clarida, former Federal Reserve Vice Chair and current global economic advisor at PIMCO, explained that investors are still adjusting to Wash’s communication approach, and his policy leanings may increasingly show up in tighter, more focused messaging. During recent testimony, Wash explicitly stated he "does not believe in forward guidance," leading markets to anticipate the Fed could shorten policy statements, minimize references to the dot plot, or even cut back on communication frequency.
Daniel Ivascyn, PIMCO’s Chief Investment Officer, adds that this pullback in communications cou
1 seconds ago
Bitget offers free access to VIP users to Level 2 US stock market depth data, providing real-time quotes from Nasdaq 24/7.
June 12 – Bitget officially announced the launch of US stock Level 2 (L2) deep market data via an official statement. The new feature supports multiple market data feeds including Nasdaq TotalView and Blue Ocean, covering all trading sessions: pre-market, regular intraday hours, after-hours, and overnight trading, with full 24/7 availability. Users can view the top 40 levels of market depth, depth charts, and real-time transaction details through this tool. Eligible users can unlock the feature for free: those with a VIP1 or higher trading level, or an asset level of VIP3 or higher. For more details, please refer to Bitget’s official platform.
1 seconds ago
Aptos: 187,800 APT Tokens Burned in May, Totaling 1.2 Million Tokens Burned Since Mainnet Launch
On June 12, Aptos officially disclosed that 187,800 APT tokens were burned in May, permanently removed from circulation.
Data shows that since its mainnet launch, Aptos has burned approximately 1.2 million tokens, and the network’s hard cap supply limit of 210 million APT is currently in effect.
Aptos explained that this token burning mechanism is part of its "performance-driven tokenomics model," aiming to influence the long-term supply structure and market circulation through a continuous burning mechanism.
1 seconds ago
Iran Calls Out Musk: Starlink and SpaceX's Middle East Business Listed as Potential Targets
On June 12, Iran’s state-run Fars News Agency reported that Iranian authorities have placed Elon Musk and his business operations in the Middle East on a potential strike target list, encompassing SpaceX’s Starlink satellite operations and related ground station facilities.
Citing "informed sources," the report notes the facilities under consideration span multiple Middle Eastern countries, including Starlink ground stations and partner networks in Qatar, Jordan, the United Arab Emirates, Oman, and other locations. Iranian officials accuse these Musk-linked commercial entities of providing technical support to U.S. military actions against Iran, branding them as "infrastructure involved in wartime activities." The report adds that Iran reserves the right to take action against the relevant facilities in the region.
Neither SpaceX nor the White House has yet responded to the Fars News report. It is worth highlighting that Starlink has been extensively used to support military communic
1 seconds ago
Yellen: Reason for Recent Rate Cut in the U.S. Has Largely Disappeared, Inflation Combined with Debt Risks Raises Concern
June 12: Former U.S. Treasury Secretary and ex-Federal Reserve Chair Janet Yellen told attendees at the 2026 Oriental Asset Management Global Investment Forum in Paris that the rationale for the Federal Reserve’s recent interest rate cuts has “largely disappeared,” and current inflation and macroeconomic uncertainty are severely constraining the central bank’s monetary policy space.
Yellen highlighted that the U.S. economy is facing three overlapping supply-side shocks: price pressures from tariffs, energy disruptions stemming from tensions in the Middle East, and soaring electricity costs driven by artificial intelligence investments. Together, these factors are expected to keep inflation persistently above the Fed’s target in the near term.
She also warned that the market is underestimating the scale of the U.S. federal government’s debt level. The combination of heavy debt burdens and rising interest rates is increasing the country’s fiscal vulnerability. Yellen called the U.S. fi
1 seconds ago
US Media: Multinational Officials Call Trump to Urge Military Action Freeze
June 12 — Per Politico, on June 11, leaders from Qatar, the United Arab Emirates, and Pakistan made a last-ditch effort to sway President Trump after he issued a warning early that Thursday morning about taking "very tough actions against Iran" later that same night. They assured Trump a preliminary deal was within reach. According to U.S. government officials and a diplomat, these diplomatic calls convinced Trump to temporarily hold off on military action.
Earlier today, BlockBeats reported a glimmer of hope in the U.S.-Iran standoff: Trump said Iran’s Supreme Leader had agreed to a deal expected to be signed this weekend. Before Trump’s remarks, Iran’s Foreign Ministry dismissed all reports of a potential agreement as speculative. But after Trump’s comments, Fars News Agency — a media outlet linked to Iran’s Islamic Revolutionary Guard Corps — stated, “Given that the United States has accepted Iran’s proposed draft agreement, there is a high likelihood that this text has received Te
1 seconds ago