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#News#
Hassett: Powell engaged in extensive negotiations to reach a 25 basis point rate cut agreement.
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Hassett: The Fed still has ample room to lower interest rates
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Hassett: The Fed may need to take further action.
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Hassett: Futures markets anticipate a 25 basis point rate cut by the Federal Reserve.
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Data: 2,600 MKR tokens were transferred out of Wintermute, worth approximately $3.49 million.
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The Federal Reserve accepted $504.5 billion in reverse repurchase operations, with 17 counterparties participating.
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Data: 156.31 BTC were transferred from an anonymous address, worth approximately $13.52 million.
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2.09%
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Data: 22.9415 million BAT tokens were transferred to Coinbase, worth approximately $6.19 million.
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0.33%
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The Federal Reserve may consider restarting reserve management-type bond purchases to stabilize the size of reserves.
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Wall Street expects the Federal Reserve to adopt a "hawkish rate cut" strategy.
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