ChainCatcher reports that, according to Jin10, Federal Reserve’s Scheidler stated on Wednesday that high inflation remains a key issue the Fed needs to address, but he did not specify how monetary policy should respond. Scheidler said, “I believe we still have work to do on inflation,” while also noting that the employment situation is quite good. He pointed out that the large amount of mortgage-backed securities held from past Fed bond purchases is still suppressing housing borrowing costs, with mortgage rates “possibly 75 to 100 basis points lower than their original levels.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tom Lee: Rising oil prices are relatively bullish for US stocks; the US stock market may bottom out this month.
BitMine Chairman Tom Lee stated in an interview that rising oil prices are beneficial for the U.S. stock market, and investors tend to hold growth stocks, particularly the Magnificent 7. He believes the U.S. stock market may be forming a bottom and pointed out that current private credit issues will not lead to systemic risk.
GateNews56m ago
US First Batch of 86 Million Barrels of Strategic Petroleum Reserve to Hit Market Next Week, Using Loan-for-Oil Premium Model
The U.S. Department of Energy issued a solicitation on March 15, planning to allocate 86 million barrels from the Strategic Petroleum Reserve to stabilize the market and replenish reserves. Over the next year, about 200 million barrels will be added to maintain energy security. The current reserve level is 415.4 million barrels.
GateNews1h ago
2026 World Cup Could Become the Event with the Highest "AI Concentration," Expected to Consume 160 Trillion Related Tokens Daily
Gate News reports that on March 15, according to Caixin.com, the 2026 FIFA World Cup, set to begin in June, may become the World Cup with the highest "AI concentration" ever. Industry insiders estimate that during the World Cup period, global daily Token consumption could reach approximately 5.35 quadrillion, with World Cup-related Token consumption accounting for about 1.6 quadrillion. In comparison, global Token consumption at the beginning of this year was approximately 2 trillion per day.
GateNews2h ago
JPMorgan Chase: G7 Releases 1.2 Million Barrels Per Day From Strategic Petroleum Reserves, Only Covers 7.5% Supply Gap
JPMorgan Chase data shows that the strategic petroleum reserves released by the G7 amount to approximately 1.2 million barrels per day, which is unable to bridge the 16 million barrel supply gap and can only fill 7.5%. While emergency reserves can buy time, they cannot solve the fundamental problem.
GateNews7h ago
