PANews reported on January 29th that, according to Cailian Press, Federal Reserve Chairman Jerome Powell stated that the current policy stance is appropriate andPANews reported on January 29th that, according to Cailian Press, Federal Reserve Chairman Jerome Powell stated that the current policy stance is appropriate and
Powell: Nobody expects a rate hike at the next meeting; a rate hike is not anyone's base case.
News Brief
On January 29th, Fed Chair Jerome Powell indicated that the current policy stance effectively supports both economic objectives. Recent data reveals robust growth, positioning the Fed favorably to navigate dual mandate challenges. However, the latest figures don't definitively demonstrate that policy remains restrictive, so officials will monitor critical indicators and let the data guide their path forward.Tariffs have already sent ripples across the economy and could trigger a temporary price spike. Notably, most inflation exceeding expectations stems from tariffs rather than consumer demand. Core PCE excluding tariff effects hovers just above 2.00%. The tariff impact on goods should crest this year before gradually dissipating.The unemployment rate appears more stable now, with the labor market seemingly finding its footing after a measured cooldown—hiring, job openings, and wage growth remain consistent. Powell observed that if tariff-driven inflation peaks then retreats, the Fed might ease policy. He anticipates tariff inflation will top out around mid-2026 yet cautioned they must stay alert to labor market downside risks.The policy rate falls within a reasonable neutral range, providing flexibility regarding timing and magnitude of future moves. He emphasized there's no predetermined course, and decisions unfold meeting by meeting. Nobody foresees a rate hike next time. He believes the Fed won't lose independence but warned that doing so would shatter credibility that's nearly impossible to restore.
PANews reported on January 29th that, according to Cailian Press, Federal Reserve Chairman Jerome Powell stated that the current policy stance is appropriate and conducive to progress in achieving both objectives. Data since the last meeting shows a significant improvement in growth, placing the Fed in a favorable position to address the risks of its dual mandate. It is difficult to conclude from the latest data that policy is clearly restrictive; the Fed will focus on key target indicators and let the data guide the direction. No comment was made on the US dollar. The significant impact of tariffs has already been transmitted through the US economy, and tariffs may lead to a one-off price increase. Most of the higher-than-expected inflation is due to tariffs rather than demand. Core PCE, excluding the impact of tariffs on goods, is slightly above 2%. The impact of tariffs on goods is expected to peak this year and then decline. The US unemployment rate has shown some signs of stabilization, and the labor market, after a gradual softening, may be stabilizing, with little change in hiring, job openings, and wage growth.
Powell stated that if tariff inflation peaks and then declines, it would indicate that the Federal Reserve can ease policy. He expects tariff inflation to peak in mid-2026. However, he also noted that downside risks to the labor market must be monitored. The policy rate is within a reasonable range of the neutral rate, placing the Fed in a favorable position to determine the magnitude and timing of additional rate adjustments. He reiterated that there is no predetermined path for policy, and decisions will be made at each meeting. No one expects a rate hike at the next meeting, and a rate hike is not anyone's base case. He does not believe the Fed will lose its independence. He argued that if the Fed loses its independence, its credibility will be difficult to restore and advised the next Fed chairman to distance himself from American politics.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Breaking: CME Group Unveils Solana and XRP Options
CME Group launches Solana and XRP options, expanding crypto offerings. SEC delays Solana and XRP ETF approvals, market awaits clarity. Strong institutional demand drives CME’s launch of crypto options contracts. In a bold move to broaden its cryptocurrency offerings, CME Group has officially launched options on Solana (SOL) and XRP futures. Available since October 13, 2025, these options will allow traders to hedge and manage exposure to two of the most widely traded digital assets in the market. The new contracts come in both full-size and micro-size formats, with expiration options available daily, monthly, and quarterly, providing flexibility for a diverse range of market participants. This expansion aligns with the rising demand for innovative products in the crypto space. Giovanni Vicioso, CME Group’s Global Head of Cryptocurrency Products, noted that the new options offer increased flexibility for traders, from institutions to active individual investors. The growing liquidity in Solana and XRP futures has made the introduction of these options a timely move to meet the needs of an expanding market. Also Read: Vitalik Buterin Reveals Ethereum’s Bold Plan to Stay Quantum-Secure and Simple! Rapid Growth in Solana and XRP Futures Trading CME Group’s decision to roll out options on Solana and XRP futures follows the substantial growth in these futures products. Since the launch of Solana futures in March 2025, more than 540,000 contracts, totaling $22.3 billion in notional value, have been traded. In August 2025, Solana futures set new records, with an average daily volume (ADV) of 9,000 contracts valued at $437.4 million. The average daily open interest (ADOI) hit 12,500 contracts, worth $895 million. Similarly, XRP futures, which launched in May 2025, have seen significant adoption, with over 370,000 contracts traded, totaling $16.2 billion. XRP futures also set records in August 2025, with an ADV of 6,600 contracts valued at $385 million and a record ADOI of 9,300 contracts, worth $942 million. Institutional Demand for Advanced Hedging Tools CME Group’s expansion into options is a direct response to growing institutional interest in sophisticated cryptocurrency products. Roman Makarov from Cumberland Options Trading at DRW highlighted the market demand for more varied crypto products, enabling more advanced risk management strategies. Joshua Lim from FalconX also noted that the new options products meet the increasing need for institutional hedging tools for assets like Solana and XRP, further cementing their role in the digital asset space. The launch of options on Solana and XRP futures marks another step toward the maturation of the cryptocurrency market, providing a broader range of tools for managing digital asset exposure. SEC’s Delay on Solana and XRP ETF Approvals While CME Group expands its offerings, the broader market is also watching the progress of Solana and XRP exchange-traded funds (ETFs). The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on multiple crypto-related ETF filings, including those for Solana and XRP. Despite the delay, analysts anticipate approval may be on the horizon. This week, REX Shares and Osprey Funds are expected to launch an XRP ETF that will hold XRP directly and allocate at least 40% of its assets to other XRP-related ETFs. Despite the delays, some analysts believe that approval could come soon, fueling further interest in these assets. The delay by the SEC has left many crypto investors awaiting clarity, but approval of these ETFs could fuel further momentum in the Solana and XRP futures markets. Also Read: Tether CEO Breaks Silence on $117,000 Bitcoin Price – Market Reacts! The post Breaking: CME Group Unveils Solana and XRP Options appeared first on 36Crypto.
Share
Coinstats2025/09/18 02:35
Top 100 Utility dApps on Pi Network: Building a People-Powered Web3 Economy
Pi Network Emerges as a Utility-Driven Ecosystem
The Pi Network ecosystem is no longer just a vision; it is a thriving hub for utility-driven applications. As
Share
Hokanews2026/01/29 12:23
21Shares Launches Dogecoin ETF on DTCC — Could DOGE Break $0.50 With Institutional Flows?
The cryptocurrency world got a jolt as 21Shares unveiled its latest offering, a Dogecoin ETF, now available on DTCC. This development has generated buzz about the potential for DOGE to climb past the $0.50 mark. The new fund raises questions about which coins might see significant growth with the influx of institutional interest. Dogecoin Bounces: Will It Hit New Heights? Source: tradingview Dogecoin is trading between a quarter to just under 30 cents right now. It's faced a tough week with a dip of about ten percent, yet a monthly rise shows some recovery. Eyes are on the 30-cent mark, a key point where it might struggle but could leap beyond if it gains momentum. If it breaks this, Dogecoin could aim for the mid 30s, potentially rising around 20%. The coin still has strong backing, and enthusiasts are hopeful for continued growth. But, watch out for the 24-cent line, as slipping below might slow its upward path. The current numbers suggest some hesitation, yet there's room for optimism. Conclusion The launch of the new ETF could attract significant interest from institutional investors. This development might push the value of DOGE upwards, with a potential target of $0.50. Increased visibility and accessibility in major markets play a crucial role. While Bitcoin and Ethereum usually dominate the scene, smaller coins like DOGE can gain traction with such initiatives. The market's response in the coming days will be crucial in determining DOGE's price movement. Whether or not it hits the $0.50 mark, this launch sets a precedent for similar coins in the future. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Share
Coinstats2025/09/23 18:46