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- Hey Square fam! How many Alpha points have you racked up lately?
Did you get your airdrop? We’ve also got extra perks for you on Gate Square!
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1️⃣ Make a post with the hashtag #ShowMyAlphaPoints#
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Dare to trade. Dare to win.
Fed's Daly: Two rate cuts this year are still an appropriate adjustment, and there are no signs of tariffs having a lasting impact on inflation.
On August 5, Fed's Daly stated that two rate cuts this year remain an appropriate adjustment. He is satisfied with the Fed's decision in July but not very pleased with making the same decision again. There is still a lot of uncertainty about whether to cut rates in September. "Regarding the July decision, I am willing to wait another cycle, but I can't wait forever. The labor market has not shown obvious signs of weakening, but it is softening, and further softening will be unwelcome." No signs have been seen that tariffs have a lasting impact on inflation. (Jin10)