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20:19
Agency: It is unlikely that Trump's pressure on the Federal Reserve to cut interest rates will lead to inflation above 2%.
Golden Ten Data reported on June 28 that Gavekal Research stated in a report: "In 2025, the market was generally concerned that Trump would weaken the independence of U.S. monetary policy, nominate a political puppet as chairman of the Federal Reserve, force the Fed to cut interest rates, and cause inflation to remain consistently above the Fed's 2% target." "However, developments over the past seven months have made this scenario less likely to occur." These developments include the appointment of Kevin Warsh to head the Federal Reserve, as well as 11 of the 12 regional Fed presidents being reappointed. At the first meeting chaired by Warsh earlier this month, the Federal Reserve emphasized its commitment to price stability, which surprised some market participants who had expected a more dovish stance from the Fed under the new chairman.
18:21
Main funds alert: An exchange shows artistic orders for ETH, totaling $28.57 millions
Major large orders are displayed as horizontal lines on the K-line; the thicker the line, the larger the order amount, and the longer the line, the longer the order duration.
18:13
Bitcoin falls in tandem with gold and silver
Bitcoin fell alongside gold and silver as the market unwinds hedge trades against a weaker US dollar, with the Federal Reserve adopting a more hawkish policy stance.
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