The US National Debt Reaches $38 Trillion for the First Time

On October 23: Dean Baker, the Chief Economist of the UK think tank CEPR, stated that the US September CPI data is likely to exhibit a growth rate similar to that of August. The energy component witnessed a 0.7% increase in August and is also likely to show a rapid growth rate in September. The household food component rose by 0.6% in August, and the growth rate in September may decelerate. The September core CPI monthly rate is likely to reach 0.3% once again, which may be rounded up to 0.4%. Moreover, both the overall and core CPI year-on-year rates in September are likely to be close to 3.0%, which is a full percentage point higher than the Fed's 2.0% target. For the Fed, the level of inflation may be of less concern compared to the direction of change. It is more probable that the inflation rate will rise rather than decline, at least until all the impacts of tariffs are passed on to consumers. If new tariffs are implemented and the effects spread to more industries, the situation

On October 23rd, based on HTX market data, Bitcoin rebounded and rose above $110,000. It initially traded at $110,051 with a 24-hour price fluctuation of 1.7%.

On October 23rd, based on HTX market data, Bitcoin has shown a rebound and surpassed $109,000. It is currently trading at $109,020, with a 24-hour increase of 0.85%.

October 23rd. The Federal Reserve has once more come under attack. Due to the ongoing government shutdown which has led to a disruption in data reporting, even the long-term collaborator ADP has now stopped providing high-frequency employment data to the Fed. This has left the decision-makers facing an unprecedented "data void" before the October 28-29 meeting. It is reported that Powell personally tried to salvage data sharing, but to no avail. This means that the Fed will evaluate policy in the absence of real-time labor market data, significantly increasing the risk of decision-making errors. On a macro level, the U.S. government shutdown has entered its 22nd day, approaching the longest record in history. Oxford Economics warns that if the deadlock continues into mid-November, it may overlap with the holiday season, causing a collapse in consumer confidence and triggering "lasting trauma." The market is starting to bet that the Fed may end balance sheet reduction early, or even be

On October 23rd, Binance announced that users whose Binance Alpha points are greater than or equal to 240 can participate in the exclusive TGE event for aPriori (APR) through the Alpha activity page. Participating in this event will consume 15 points.