Lookonchain APP

App Store

Fitch: Fed Expected to Cut Interest Rates Only Once This Year

7 hours ago

On March 18th, the international rating agency Fitch Ratings stated in its latest Global Economic Outlook that it anticipates global economic growth to decelerate to 2.3% this year, which is significantly below trend levels and also lower than 2.9% in 2024. Simultaneously, Fitch Ratings reduced its US economic growth forecast from 2.1% in December of last year to 1.7% and lowered its 2026 growth forecast from 1.7% to 1.5%. Fitch Ratings mentioned that tariff hikes would result in higher prices for US consumers, reduce real wages, increase business costs, and a sharp increase in policy uncertainty would have an impact on business investment. It is estimated that the tariff shock will cause US inflation to rise by 1% in the short term. We think that the Federal Reserve will postpone further policy easing until the fourth quarter of 2025. We now expect the Fed to only cut rates once this year. However, with the economic slowdown and the stabilization of tariff levels, we anticipate three more rate cuts in 2026. (FXStreet)
Relevant content

EOS will be rebranded as Vaulta, focusing on Web3 banking business

On March 19th, the EOS Network made an announcement that it will undergo a rebranding and be renamed as Vaulta, with a primary focus on Web3 banking operations. This transformation is accompanied by a scheduled token swap at the end of May. Simultaneously, the Vaulta Banking Advisory Board is being established. This is a team composed of financial and blockchain industry experts who are dedicated to bridging the gap between traditional banking and decentralized systems. The members of this board include executives from Systemic Trust, Tetra, and ATB Financial. Vaulta plans to retain its technical infrastructure from the EOS Network, such as the smart contract architecture, decentralized database, and blockchain interoperability. As part of its Web3 banking business initiative, the platform will integrate with the Bitcoin-focused digital banking solution exSat. Vaulta will utilize various partnerships, including those with Ceffu, Spirit Blockchain, and Blockchain Insurance, to expand

2 hours ago

Trump's Assessment of Putin Call: Very Good and Productive

On March 19th, U.S. President Trump offered his remarks on his call with Russian President Putin. He stated that it was a highly good and productive call. Both sides reached an agreement to collaborate promptly in order to achieve a comprehensive ceasefire. A great many aspects of a peace agreement were brought up for discussion. "The relevant process is currently in full swing, and we hope, for the sake of humanity, to bring this work to a successful conclusion." (FX678)

2 hours ago

Huang Renxun: Integrated Silicon Photonics Chip to be Launched in the Second Half of 2026

On March 19th, Jensen Huang, the CEO of NVIDIA (NVDA.O), announced that a new Ethereum chip will be launched in the second half of 2025, and an integrated Silicon Photonics chip is scheduled to be released in the second half of 2026. (Golden Ten)

2 hours ago

Huang Renxun: In fact, "almost the entire world" has made a mistake on the scale expansion issue of AI

March 19th - During the keynote speech at the 2025 NVIDIA GPU Technology Conference (GTC), NVIDIA CEO Jensen Huang brought up the artificial intelligence "Law of Accelerating Returns." Regarding the claim that the speed of AI scaling is slowing down, it is almost as if "the entire world has made a miscalculation." In fact, due to the newly emerged scaling methods and technologies, the development speed of AI is now faster than ever. It should be noted that the success in AI scaling is a crucial key element for NVIDIA's business of selling a large number of Graphics Processing Units (GPUs) to AI model developers and server providers. (Jinse)

2 hours ago

Putin Reaffirms Position on Peaceful Conflict Resolution

March 19: Early this morning, a call between President Putin of Russia and President Trump of the U.S. came to an end. According to a statement from the Kremlin, the two leaders continued to have a detailed and frank exchange of viewpoints regarding the situation in Ukraine. Putin expressed gratitude to Trump for his efforts in achieving the goals of halting hostilities and preventing additional casualties. Putin reaffirmed his principled stance of seeking a peaceful settlement to the conflict and indicated his willingness to carefully consider possible ways to resolve the conflict together with U.S. partners. Any mediation plan should be comprehensive, sustainable, and long-term, taking into account the absolute necessity of addressing the root causes of the crisis and Russia's legitimate interests in the security field. In response to the U.S.'s proposal for a 30-day ceasefire, Russia emphasized several key conditions: effective monitoring of a complete ceasefire, halting of forced

2 hours ago

Ukraine and Russia to Conduct 175-for-175 Prisoner Exchange

On March 19th, the Kremlin announced that Putin and US President Trump had agreed to stay in touch. Ukraine and Russia would carry out a prisoner exchange of 175 for 175. Regarding ensuring control over a potential ceasefire, against the backdrop of the ceasefire initiative, Russian President Putin stated that the mobilization and arming of Ukraine must cease. (FX168)

2 hours ago