Search results for "DON"

Trump stated: considering drop in tariffs on China to stimulate consumption

gate News bot消息,据联合早报报道,美国总统特朗普在白宫记者会上就中美关税问题发表讲话。特朗普在记者会上表示:"I don't want tariffs to go up, because at a certain point, people don't want to buy things anymore. So I may not raise tariffs, I may not even let them go to that level. I may lower tariffs, because you want people to buy things." Trump revealed that China has actively sought negotiations regarding the tariff issue. He added that both sides have maintained contact since the U.S. imposed tariffs on China and are optimistic about reaching an agreement.
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Federal Reserve Chairman Powell: Maintains expectation of two rate cuts in 2025, no adjustment to interest rate policy for now.

Gate News bot news, The Federal Reserve (FED) Chairman Powell recently delivered a speech, announcing that the FED will maintain the current interest rate level. He pointed out that the current weakness in economic growth is hedging against rising inflation, and the FED still expects to cut rates twice in 2025. Powell emphasized in his speech: "Our obligation is to keep long-term inflation expectations stable and ensure that one-time price increases don't become an ongoing inflation problem. We're better off waiting for clearer information before considering adjusting our policy stance. It's premature to say what the appropriate path of policy will be."
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Australian officials respond to US steel and aluminum tariffs: We have not done anything to make the US government uncomfortable.

Australian Trade Minister Birmingham said that Australia has increased its supply of aluminum to the United States and received approval from Washington. Trump is considering exempting Australia from the 25% steel and aluminum tariffs. Previously, there were comments that Australia was 'strangling the American aluminum market,' but Birmingham stated that Australia's increased exports are supported by Biden and all actions were completed with the knowledge of the U.S. government, without making them uncomfortable.
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The British court orders the seizure of criminal leader Alexander Surin's BTC worth $4.3 million.

Odaily Planet Daily News: A UK court has ordered the seizure of approximately $4.3 million worth of Bitcoin belonging to the criminal kingpin Alexander Surin, also known as Don Car-Leone, as he failed to prove that these encryption assets were obtained legally. This decision was made after an investigation into Surin's financial transactions, which were linked to his criminal activities. Surin in 2015
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Analyst: The Federal Reserve has provided everything the market expected.

The Fed's decision to stand pat is the right move, acknowledging the balance of risks, bringing the next rate cut closer, and the next meeting naturally will be in September. The Fed today provided everything the market expected, without taking any action beyond market expectations.
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