Golden Morning News | September 19 Overnight Important Developments Overview
Article is form Jinse
September 18, 2024
This article is translated by ChatGPT Show original
21:00-7:00 Keywords: Fed, Powell, Mizuho Bank, Louisiana
- Fed cuts interest rates by 50 basis points, initiating a rate-cutting cycle.
- Louisiana government now accepts Bitcoin payments.
- SEC Chair: "So-called" cryptocurrency exchanges must follow regulations.
- Mizuho Bank collaborates with Fujitsu to simplify carbon credit issuance using blockchain.
- Hemi Labs raises $15 million in funding led by Binance Labs.
- Fed dot plot: The Fed projects a federal funds rate of 4.4% by the end of 2024.
- First ETF allowing 2x leverage on MicroStrategy stock will be listed on Cboe BZX.
- JPMorgan, UBS, and others join the International Settlements Bank's blockchain-based cross-border payment reform plan.
- Fed Chair Powell: The Fed can speed up, slow down, or pause rate cuts if appropriate.
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