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  • 13:15
    Summary of Important Events on the Evening of April 17
    12:00-21:00 Keywords: Initia, Melania team, JPMorgan, a16z  1. Trump: Powell's actions are too slow, and firing him can't be too fast  2. The Melania team has sold 13 million MELANIA in the past month  3. The European Central Bank lowered its three key interest rates by 25 basis points, in line with market expectations  4. JPMorgan: Bitcoin has not benefited from safe-haven funds that boosted gold prices  5. a16z calls for the US SEC to update the cryptocurrency custody rules for registered investment advisors  6. The US Department of Justice will reassess the method of returning assets to victims in cryptocurrency crime cases
  • 13:14
    Federal Reserve's Williams: Long-term Federal Funds Rate May Remain Around 3%
    PANews April 17: Federal Reserve's Williams stated that the long-term federal funds rate may remain around 3%. There has been no fundamental change in the basic view of monetary policy. He also expects the economy to slow significantly this year, with unemployment rising. This year's GDP may be less than 1%, and the unemployment rate is expected to rise to 4.5% to 5%. Tariff uncertainty is the primary concern among businesses.
  • 13:13
    Fed's Williams: No Immediate Need to Adjust Interest Rates
    Odaily reports that Fed's Williams stated the monetary policy is in a good position and currently sees no need for an immediate adjustment to interest rates. Tariffs this year will increase inflation and restrain economic growth; despite uncertainties, the economic conditions remain very good. It is challenging to predict the Fed's future actions regarding interest rate policy.
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