The internal division within the Federal Reserve regarding interest rate cuts is intensifying: Voting member Goolsbee opposes a series of rate cuts, while Daly believes that the economic and inflation data supports further cuts. The Treasury Secretary criticizes Powell for not signaling a significant rate cut and is looking for a successor for the Federal Reserve chair. Currently, the market predicts a 91.9% probability of a 25 basis point rate cut in October, and tonight the Federal Reserve will announce financial data and officials' speeches.
The Kremlin pointed out that Trump is trying to raise U.S. oil and gas prices. Trump claims to have suffered "triple damage" at the United Nations and will write to the Secretary-General for investigation. NVIDIA's Jensen Huang sold 225,000 shares of stock, and the U.S. has lowered EU auto tariffs to 15%. Global investors are flocking to gold and cryptocurrency ETFs, and the cryptocurrency market may face significant fluctuations $BTC