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Share link:In this post: Treasury Secretary Scott Bessent told Japan’s Nikkei the next Fed chair must have market credibility, strong data-analysis skills, and a forward-looking approach beyond just rate policy. He defined a “strong dollar” as maintaining the U.S. dollar’s reserve currency status through sound economic policy, not pegging it to a fixed exchange rate. About 10 candidates are in the running to replace Jerome Powell in May, including James Bullard, Kevin Hassett, Kevin Warsh, Christopher Wall
Bitcoin price is within a whisker of its July record, and two market signals hint the breakout may not stop at a new high.
Lido DAO’s LDO token surged 12% to a six-month high amid rising network activity and strong investor interest. Bullish sentiment now targets $1.68, with $1.85 in sight if momentum holds.
- 12:35The U.S. August unadjusted CPI annual rate recorded 2.9%Jinse Finance reported that the US August unadjusted CPI year-on-year rate recorded 2.9%, the highest since January, in line with market expectations. The US August seasonally adjusted CPI month-on-month rate was 0.4%, with an expected value of 0.30% and a previous value of 0.20%.
- 12:35U.S. August seasonally adjusted CPI month-on-month at 0.4%, expected 0.30%, previous 0.20%ChainCatcher news, according to Golden Ten Data, the US August seasonally adjusted CPI month-on-month is 0.4%, expected 0.30%, previous value 0.20%.
- 12:35U.S. Initial Jobless Claims for the week ending September 6: 263,000Jinse Finance reported that the number of initial jobless claims in the United States for the week ending September 6 was 263,000, with an expected 235,000. The previous value was revised from 237,000 to 236,000.