Lookonchain APP

App Store

Federal Reserve's Harker: May Temporarily Hold Rates Steady

2025.02.08 00:32:20

February 8th: On this day, the US January seasonally adjusted non-farm payrolls reached 143,000. This figure is significantly lower than the market's expected level of 170,000 and hits a new low since October of last year. Federal Reserve's Gullsby provided comments on the macro data, stating, "This is a rather robust non-farm payroll report. It appears that we are on the verge of achieving full employment. Based on recent observations, I am optimistic that tariffs will not ultimately pose a significant obstacle to trade. I am satisfied with the current economic development path. Tariffs may act as a 'wrench' in the supply chain. Wage growth is roughly in line with the 2% inflation level. Long-term market-oriented inflation expectations suggest that the market believes the Fed will be able to keep inflation under control at 2%." "Currently, the Federal Reserve is keeping interest rates unchanged. However, in the next 12 to 18 months, interest rates will be slightly lower than the current level. Under greater uncertainty, the pace of interest rate cuts will slow down. In the process of achieving the 2% inflation target, we may temporarily maintain interest rates unchanged. The neutral balance point for interest rates has decreased. Stable interest rates need to be achieved on a 'cautious' timetable. I do not think the Federal Reserve will be involved in any sovereign wealth fund." (Jin Shi)
Relevant content

Morgan Stanley raises its forecast for the U.S. data center power gap to 38GW, and remains most bullish on NVIDIA and Broadcom.

Nvidia’s stock opened higher and rallied further on Monday, surging more than 3% at one point to lift its market capitalization to $5.23 trillion. Morgan Stanley’s latest research report raised its projection for the U.S. data center net power gap from 33GW to 38GW for the 2026-2028 period, noting that amid constrained power supply, ASIC chips may lose market share relative to GPUs. For semiconductor investments, Morgan Stanley remains most bullish on Nvidia and Broadcom (whose stock rose over 3.2%), citing factors including relatively conservative earnings guidance, clear visibility into chip shipments, expansion into non-U.S. markets, and Nvidia’s higher token output efficiency per watt. The bank added that the market is working to align its expected $1.5 trillion in U.S. data center capital expenditure for 2027 and $1.6 trillion for 2028 with actual power supply capacity. If data center construction is suspended or slowed, downstream components such as storage and optical modules, as well as sectors like power management and analog chips, may face steeper impacts from over-ordering triggered by earlier shortages.

2 minutes ago

Stablecoin supply drops $2.19B as public companies add 6,202 BTC

Oct 19–Oct 25, 2026 #LookonchainWeeklyReport ?? Overview Stablecoin supply fell by $2.19B last week, DEX spot volume fell and perp volume fell, while public companies added 6,202 BTC. ?? Stablecoin Market The total stablecoin market cap decreased by $2.19B. ?? Spot & Perps

2 minutes ago

Bitcoin ETFs see $169M outflow, Ethereum ETFs down $198M over 7 days

Oct 26 Update: #Bitcoin ETFs: 1D NetFlow: -2,123 $BTC(-$169.47M)?? 7D NetFlow: +3,344 $BTC(+$266.96M)?? #Ethereum ETFs: 1D NetFlow: -6,960 $ETH(-$16.07M)?? 7D NetFlow: -85,801 $ETH(-$198.15M)??

2 minutes ago

US stocks extended their rally, with the Philadelphia Semiconductor Index rising 3% and the S&P 500 Index’s gain widening to 1%.

According to market data from BIT (Bit.com), U.S. stocks extended their rally, with the S&P 500 index’s gain expanding to 1%, the Nasdaq rising 1.3%, and the Philadelphia Semiconductor Index climbing 3%.

2 minutes ago

Anthropic's IPO filing boosts AI-related stocks; NVIDIA rises 3.1%, Micron gains 3.5%

According to market data from BIT (Bit.com), Anthropic's IPO filing boosted AI-related stocks: NVIDIA (NVDA.O) rose 3.1%, Microsoft (MSFT.O) gained 1.1%, Amazon (AMZN.O) increased 1%, Broadcom (AVGO.O) climbed 2.8%, Micron Technology (MU.O) advanced 3.5%, and SpaceX (SPCX.O) rose 1.4%.

2 minutes ago

US CFTC Chairman: Will Push Forward Voluntary Federal Registration Mechanism for Crypto Trading Platforms

Commodity Futures Trading Commission (CFTC) Chair Mike Selig issued a statement saying that crypto markets should enjoy the same safeguards as the mature protection mechanisms that have been in place for U.S. derivatives markets for decades. As Congress has yet to take action, the CFTC is advancing a voluntary federal registration regime for crypto trading platforms, bringing its regulatory standards closer to the high-level oversight framework of U.S. financial markets.

2 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano