Odaily星球日报讯 离岸人民币兑美元升破 7.10 关口，日内大涨超 600 点，创去年 12 月以来新高。（金十）

离岸人民币兑美元升破7.10关口

Odaily Odaily News: The offshore RMB against the US dollar rose above the 7.10 mark, rising by more than 600 points in the day, reaching a new high since December last year. (Jinshi)

The offshore Chinese yuan rose above the 7.10 level against the US dollar.

Odaily reports that the over-the-counter price of USDT has risen to 7.46 yuan, the current exchange rate of the US dollar against the renminbi is 7.1704 yuan, and the USDT premium rate has reached 4.04%.

USDT over-the-counter price rose to 7.46 yuan, with a premium rate of 4.04%.

Warren Buffett's investment company Berkshire Hathaway released its second-quarter financial report on Saturday, showing that the company had slashed its Apple holdings by nearly 50% in Q2, and its cash position had soared to a record high of $276.9 billion.

At the time, some analysts believed that Buffett's massive sale of Apple holdings was likely due to his pessimism about the stock market and economic outlook, and he chose to hold a large amount of cash. Now, with the recent consecutive crashes in the US stock market and Asian stock markets, the community is once again in awe of Buffett's successful escape from the top...

The cash reserves have exceeded the market value of Ethereum, and a review of Warren Buffett's "escape from the top" performance over the past 20 years.

Is a rate cut in September confirmed? What did the Federal Reserve say?

The U.S. Federal Reserve announced its latest interest rate decision in the early morning of August 1st Taiwan time. The decision was to keep the interest rate unchanged for the eighth consecutive time, maintaining the benchmark rate between 5.25%-5.5%.

However, during the post-meeting press conference, Federal Reserve Chair Powell stated that a rate cut in September is possible. This is certainly big news, indicating the start of a rate cut cycle, which could lead to further rate cuts in the future. The U.S. stock market immediately responded with a rally, closing the day with gains across the board.

What specifically did Powell say?
The press conference format was that reporters asked questions, and Powell responded.