Market Expectations & FOMC - The market has already priced in the expected rate cuts from the next FOMC meeting [1] - The announcement by Powell regarding rate cuts was widely anticipated [1] - A "sell the news" event is highly probable following the announcement [1]

Federal Reserve Policy - The market sell-off coincides with rising risk of no rate cut [1] - Attention is focused on the labor market as a key factor influencing the Fed's decisions, despite earlier FOMC minutes emphasizing inflation [2][3][5] - A 50 basis points rate cut is unlikely, with the probability of a 25 basis points cut decreasing to 77% from nearly 100% [4] - The Fed previously cut rates aggressively based on perceived labor market weakness [6] Labor Market - A weak July labor market report could trigger the Fed to act, even without inflation reaching the target [3] - The Fed's dual mandate focuses on maintaining stable prices and full employment [7] Tariffs and Consumer Spending - Retailers report mixed impacts from tariffs, with some initially absorbing costs but later changing their approach [9][10] - The impact of tariffs is difficult to assess due to ongoing announcements, delays, and rate adjustments [10] - Inflation data and company reports show a bifurcated impact, with some companies benefiting from front-run ordering and inventory building [11]

Federal Reserve & Monetary Policy - President Trump calls for the resignation of Fed Governor Lisa Cook amidst mortgage fraud allegations [1][2] - The potential firing of Lisa Cook is seen as part of Trump's broader effort to influence the Fed and push for lower interest rates [4][10] - The market is currently pricing in three rate cuts by the end of the year, but concerns about inflation persist [14] - The Fed faces a difficult situation with conflicting signals from employment and inflation data [16] - The CME Group's Fed watch tool indicates around 80% probability of a September rate cut [12] Allegations Against Lisa Cook - Lisa Cook is accused of listing two different residences as her primary residence on mortgage applications [3][6] - The head of the Federal Housing Finance Agency (FHFA) has referred the allegations to the Justice Department [2][3] - It is noted that there may be circumstances where listing two primary residences is permissible, such as co-signing for a dependent [3][7] Market Expectations & Fed's Stance - The market anticipates Fed Chair Jerome Powell to slightly open the door to a rate cut in September [13] - Recent weak jobs numbers and downward revisions to hiring in May and June could tilt the scales towards a rate cut [14] - The minutes from the recent FOMC meeting revealed that most Fed members remain focused on inflation [11][13] - Only two out of twelve Fed members indicated that the risks of lower employment outweigh those of inflation [12]

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here with Scarlet Fu taking you through to that closing bell with a global simulcast. It starts now.Tim Stenovec back in the radio booth. Emily Graffeo by a side in for Carol Massar today. Welcome to our audiences across all of our bloomberg platforms.A second day of declines for the broader market, really a fourth day for the S&P to be clear, two days down for the Nasdaq. But the losses on the day Tim sent it back, not as ...

Fed's Waller urges embrace of innovation as central bank's FOMC discusses stablecoins https://t.co/Q15MKqAT72 ...

Federal Reserve Board Appointment & Potential Policy Shifts - President Trump nominates Steven Myron to the Federal Reserve Board of Governors until January 31st, 2026 [1][2] - Myron's appointment could lead to lower rates and rate cuts, aligning with Trump's policies [2] - Myron is known for advocating policies that weaken the US dollar, boost US manufacturing, and reduce the trade deficit through tariffs [3] - Myron has proposed reforms at the Fed, including eight-year terms for governors and governors serving at the pleasure of the president [4] - Myron's appointment would potentially give Trump appointees a significant influence on the Fed board [4] Implications & Challenges - The Senate approval before the September 17th FOMC meeting is uncertain, limiting immediate impact [5] - Fed reform proposals, such as congressional approval of the Fed budget and taxing foreign ownership of US bonds, would require congressional approval and are potentially controversial [7][8] - There are concerns about Myron's loyalty to the administration potentially conflicting with the Fed's mandate of low inflation and low unemployment [9] - Even with a majority on the board, the district presidents could offset the president's influence [10]

The entire market just sold off and this is actually very very good. I know that it sounds crazy to say but this is exactly what we actually wanted to see on Bitcoin before we get that continuation. And yes, when it comes to the market, the entire market will sell off with what Bitcoin or even Ethereum does, especially at a time where dominance is as high as it is.Now, if we take a quick step back, we're looking at this on the daily. There is some lovely discounts out there for some great projects. Obviousl ...

the market reaction to yesterday's FOMC is a reality check for those who are sidelined or waiting for much lower on crypto assetswe just had one of the most hawkish FOMC meetings in recent times, with Powell practically going scorched earth and taking a 'markets be damned!' approach in his commentsyet $BTC barely budged and is now trading back above $118kthis is coming after we learned last week that an ancient Bitcoin whale offloaded $10 billion worth of BTC while the market still barely reactedand all of ...

Ladies and gentlemen, we have officially survived FOMC day. We still have quite a bit of financial events to get through this week, but for the most part, we did see the Fed hold rates. Now, we're going to talk about that. We're going to address it.Now, does this affect the markets in a very negative way. Well, number one, I do think that for the most part, you know, markets have kind of priced in the idea of the Fed just kind of holding. Um, I think that it would have been a shocker if he actually did cut ...

Monetary Policy - FOMC 投票结果为 9-2，是 30 多年来美联储政策分歧最大的一次 [1] - 市场对 9 月份降息的预期降至 45% [1]