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The Bank of England reiterated its cautious stance on future interest rate cuts, emphasizing that inflationary pressures remain significant. The government's autumn budget may become the decisive factor for the interest rate cut path for the remainder of the year.
This FOMC decision and Powell’s speech sent a clear signal: the Federal Reserve is resuming rate cuts, but at a more cautious pace, with the core focus on balancing inflation stickiness and the risk of a slowdown in employment.
Just a week ago, initial jobless claims had surged to their highest level in nearly four years, sparking market concerns over a spike in layoffs. However, the latest data released today presents a dramatic turnaround.

- 22:01White House considers more CFTC chair candidates as nomination process faces obstaclesChainCatcher news, according to Golden Ten Data, due to the confirmation process for Brian Quintenz to become chairman of the US Commodity Futures Trading Commission (CFTC) being stalled, the White House is considering other candidates. Sources familiar with the matter indicated that possible contenders include government officials focused on cryptocurrency policy. The CFTC oversees trillions of dollars in swap transactions, and with legislation currently under review by Congress, the agency may gain greater influence in the digital asset sector.
- 22:01The U.S. Supreme Court will hear oral arguments on the Trump tariff case on November 5.Jinse Finance reported that the U.S. Supreme Court has scheduled oral arguments for November 5 regarding the legality of Trump's broad imposition of global tariffs. This represents a major test of one of Trump's boldest assertions of executive power, which has always been a core part of his economic and trade agenda. Earlier this month, the justices announced they would hear the case after a lower court ruled that Trump had overstepped his authority by imposing most of the tariffs under a federal law intended to address emergencies.
- 22:01Analysis: Fed Rate Cuts Give Green Light to U.S. Stock IPOs, Multiple Industry Companies to Launch ApplicationsJinse Finance reported that the Federal Reserve's interest rate cuts have removed obstacles for private companies waiting for the "green light" to enter the U.S. initial public offering (IPO) market. Industry observers say that after the Fed's rate cut, a variety of companies from the technology sector to the service industry are expected to publicly submit IPO applications or launch IPO roadshows in the coming days or weeks. Previously, many companies considering going public in the fall had been waiting for the Fed's rate cut decision, while also closely monitoring the performance of newly listed companies. West Riggs, head of equity capital markets at U.S. Trust Securities, said: "There are definitely quite a few companies waiting for the rate cut to be implemented to ensure there are no unexpected situations. The IPO schedule in October is expected to be very busy."