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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.





- 20:02EU Commissioner Pledges to Advance Pension and Cryptocurrency Reforms Within the YearJinse Finance reported that the European Union has set a year-end target, requiring further measures to be taken before the end of the year to promote pension fund investments and simplify trading processes, in an effort to inject momentum into the revival of European capital markets. EU Financial Services Commissioner Mairead McGuinness announced the related plans on Thursday. She also stated that the European Commission is considering granting direct supervisory authority to its top market regulator based in Paris—the European Securities and Markets Authority (ESMA). She indicated that as supervisory powers are transferred to ESMA, the European Commission will consider the feasibility of centralized supervision for certain market infrastructures, such as central counterparties, central securities depositories, and trading venues. She added that emerging sectors such as crypto asset service providers would also benefit from more centralized regulation, emphasizing that this move would not undermine the role of national regulators.
- 18:57Poland's first Bitcoin ETF listed on the Warsaw Stock Exchange, boosting cryptocurrency adoptionChainCatcher news, according to Golden Ten Data, the Warsaw Stock Exchange has launched Poland's first bitcoin ETF, marking a significant step forward for Eastern Europe in adopting cryptocurrencies. This ETF allows Polish investors to gain exposure to bitcoin through standard securities brokerage accounts. In a press release on its official website, the Warsaw Stock Exchange stated that the ETF provides investors with an opportunity to access the cryptocurrency market through trading on a regulated securities exchange.
- 18:54Nasdaq-listed SunCar plans to spend $10 million to purchase cryptocurrencies.BlockBeats News, on September 18, Nasdaq-listed company SunCar announced that its board of directors has authorized the use of $10 million to purchase a selection of major cryptocurrencies, which are expected to benefit from the rapid growth of risk-weighted asset (RWA) tokenization. From a strategic perspective, SunCar believes that blockchain integration and risk-weighted asset (RWA) tokenization represent the natural evolution of its AI-based cloud technology in the fields of digital auto insurance and automotive services. (Businesswire)