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U.S. CPI: +2.9% YEAR-OVER-YEAR (EST. +2.9%); U.S. CORE CPI: +3.2% YEAR-OVER-YEAR (EST. +3.3%)

2025.01.15 21:31:54

U.S. CPI: +2.9% YEAR-OVER-YEAR (EST. +2.9%)

U.S. CORE CPI: +3.2% YEAR-OVER-YEAR (EST. +3.3%)

Relevant content

Trump and Shigeru Ishiba to Meet for the First Time to Discuss Collaboration on Artificial Intelligence and Chip Development

On February 8th, as per US government officials, US President Donald Trump and Japanese Prime Minister Yoshihide Suga are set to discuss measures to boost foreign investment in the US. This includes collaboration in areas such as defense, artificial intelligence, semiconductors, and cybersecurity. Ahead of the meeting between Trump and Suga, an unnamed government official disclosed the above details on Friday. The Japanese Prime Minister is paying a visit to Washington to hold his inaugural meeting with the US President with the aim of strengthening economic and defense ties between the two countries. (FXStreet)

27 minutes ago

Federal Reserve Monetary Policy Report: Plan to Stop Balance Sheet Reduction at Appropriate Time

February 8th. The Federal Reserve issued its semiannual monetary policy report. It was mentioned in the report that the Fed is continuously and significantly reducing its holdings of U.S. Treasury securities and agency securities in a predictable manner. Since June 2024, the Fed has decreased its holdings of securities by $297 billion, and the total holdings of securities have declined by approximately $2 trillion since the start of the balance sheet reduction. The Federal Open Market Committee (FOMC) expressed its intention to maintain the level of securities holdings at a level that is consistent with the efficient implementation of monetary policy under the ample-reserve regime. In order to ensure a smooth transition, the FOMC slowed down the pace of securities holdings reduction in June 2024 and intends to stop reducing holdings when the reserve balance is slightly above the level that it deems to be consistent with ample reserves. Driven by a strong labor market and rising real w

27 minutes ago

CFTC to Host Cryptocurrency CEO Forum to Discuss Digital Asset Market Pilot Program

On February 8th, as per Fox Business reporter Eleanor Terrett, it is reported that the U.S. Commodity Futures Trading Commission (CFTC) is planning to hold a Chief Executive Officer Forum. The purpose of this forum is to discuss the CFTC's digital asset market pilot program, with a focus on tokenized non-cash collateral like stablecoins. The participants comprise leaders from Circle, Coinbase, Crypto.com, and Ripple. The crypto pilot program and the concept of expanding non-cash collateral through Distributed Ledger Technology were proposed by the current CFTC Acting Chairman Caroline Pham.

27 minutes ago

Federal Reserve's Harker: May Temporarily Hold Rates Steady

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 curr

27 minutes ago

Grayscale transferred 696.821 BTC to Coinbase Prime, worth $69.48 million

On February 7th, as per Arkham Monitoring, Grayscale transferred 696.821 BTC to Coinbase Prime, with a value of $69.48 million.

27 minutes ago

Solana staking protocol Fragmetric completes $7 million seed round

On February 7th, the Solana re-staking protocol, Fragmetric, announced the completion of a $7 million seed round of financing. This round was led by Finality Capital Partners and Hashed. Institutions such as Hypersphere, Presto Labs, Bitscale Capital, Halo Capital, and Flowdesk participated. Additionally, it received support from several angel investors within the Solana and restaking ecosystems. Fragmetric intends to achieve precise distribution of NCN (Node Consensus Network) rewards in the Solana ecosystem. It aims to provide a more efficient capital utilization solution for Solana LST (Liquid Staking Token) while enhancing network security and decentralization.

27 minutes ago