Quick Market News Overview #打榜优质内容#

1. U.S. Treasury Secretary "Becerra" has been active in selecting candidates for the Federal Reserve Chair, having interviewed at least four of the eleven candidates believed to be on the list; Becerra communicated with BlackRock's Chief Investment Officer Rick Rieder about monetary policy and other matters. Meanwhile, media reports indicate that Rieder has become a leading candidate for the Federal Reserve Chair. As a result, the market now has new speculations regarding the Federal Reserve's personnel decisions and future monetary policy direction.
2 JPMorgan's judgment: The Federal Reserve will cut interest rates by 25 basis points next week (to 4.0%-4.25%); Morgan Stanley, Deutsche Bank, and others also tend to expect that the pace of rate cuts will accelerate in the coming months. The expectation of rate cuts continues to drive risk asset sentiment.
3 The U.S. Congressional Budget Office (CBO) has lowered its economic growth forecast for the United States this year and raised its unemployment rate expectation (reducing the growth rate from 1.9% to 1.4%, and increasing the unemployment rate expectation to 4.5%). Such fundamental data will also be used by the market to adjust interest rates and asset allocation judgments.
4 Japan announced that it will reduce the cryptocurrency tax from a maximum of 55% to 20% in the 2026 fiscal year, which is expected to have a long-term positive impact on capital flows in the Asia-Pacific region and local market sentiment.
5 The Massachusetts Attorney General's Office has filed a lawsuit against the prediction market platform Kalshi, alleging that it has violated state gambling laws in relation to sports event contracts; this matter is intertwined with discussions on the financing and valuation of Kalshi and Polymarket, and it is important to pay attention to how the regulatory process affects industry valuation and business.
6 Former U.S. Treasury Secretary Lawrence Summers stated that stablecoins will not significantly increase net demand for U.S. Treasury bonds, believing that stablecoins cannot replace the role of fiscal financing; he also emphasized two regulatory points - preventing bank runs under multiple equilibria and banning anonymous transactions. Summers also reminded politicians not to underestimate the risks of criticizing the Federal Reserve.
7 The U.S. Secretary of Commerce comments on Musk and DOGE: stating that Musk "misunderstands the goal of DOGE" and pointing out that the focus should be on reducing company expenses rather than the topic of layoffs; the chairman of Tesla also stated that Musk's political involvement is his personal decision—such remarks carry emotional influence, but have limited direct long-term impact on on-chain assets.