ChainCatcher news, according to Jinshi, Bank of America CEO Brian Moynihan stated on Tuesday that the bank expects the Federal Reserve to keep interest rates unchanged for the next two years.He noted at a conference in Washington, "It will take years to deal with inflation, and the Federal Reserve's efforts to control inflation are likely to continue until 2026." The personal consumption expenditures (PCE) report on Friday is expected to show the Federal Reserve's progress in combating inflation.

ChainCatcher news, last week, the final value of the U.S. one-year inflation rate expectation for February recorded 4.3%, the highest since November 2023. Chicago Fed President Goolsbee downplayed this data result.In an interview on Sunday, Goolsbee stated that this number "is not good," but he added, "But this is just one month of data; we need at least two or three months of data to make it count."

ChainCatcher news, according to Jinshi Data reports, data released earlier today showed that Japan's core consumer inflation accelerated in January, reaching 3.2% year-on-year, the fastest growth in 19 months.The stronger-than-expected growth reinforced expectations that the Bank of Japan may continue to raise interest rates as inflationary pressures persist. The rise in prices seems to align with the central bank's forecasts. Analysts pointed out that inflation in the service sector did not accelerate, rising 1.4% year-on-year in January, compared to 1.6% in December; however, overall, goods inflation did not slow down.For the past three years, Japan's inflation rate has remained above the central bank's 2% target. This has prompted a shift in monetary policy. Bank of Japan Governor Kazuo Ueda previously hinted that if wage growth continues to support consumption, allowing companies to raise wages and maintain price increases, the central bank may further raise interest rates.

ChainCatcher message, Federal Reserve's Goolsbee stated that the path to a 2% inflation rate looked good before new uncertainties emerged.

ChainCatcher news, according to TheBlock, Bitcoin has seen a slight increase in the past 24 hours, with a total market capitalization just above $3.3 trillion, as investors digest the Federal Reserve's cautious stance on inflation and interest rate policy.Nexo Dispatch analyst Iliya Kalchev stated, "Market participants should closely monitor the Federal Reserve's policy direction, as these events could impact liquidity and investor sentiment, with Bitcoin's ability to maintain the support level of $92,500 being crucial for determining its short-term trend."

ChainCatcher news, the yen has reached a 10-week high against the dollar. Chris Turner, an analyst at ING, stated in a report that if the upcoming inflation data supports the market's expectations for further interest rate hikes by the Bank of Japan, the yen may strengthen further.Data shows that the market expects a high probability of a rate hike by the Bank of Japan in July, but the full incorporation of a 25 basis point rate hike is not expected until September.Turner noted that it is surprising how strongly the yen has reacted to these "relatively mild interest rate changes." However, although Japanese inflation data may further push the USD/JPY lower in the short term, the USD/JPY exchange rate is not expected to decline significantly.

ChainCatcher news, according to Jinshi reports, Musk stated that "DOGE dividends" will not trigger inflation, as the funds come entirely from spending cuts, and the beneficiaries are mostly taxpayers with a tendency to save. His goal of cutting $2 trillion in federal spending is the "most ideal outcome."Previous news, Trump mentioned considering distributing 20% of the funds saved from DOGE to Americans, with 20% used for debt repayment.

ChainCatcher news, according to CryptoSlate, since the implementation of the new priority fee distribution mechanism on February 12, Solana's annual inflation rate has risen by 30.5%. The daily amount of SOL burned has decreased from nearly 18,000 SOL to 1,000 SOL.Blockworks researcher Carlos Gonzalez Campo stated that Solana Improvement Proposal 96 (SIP 96) allocates all of the network's priority fees to validators, no longer used for token burning, resulting in an increase in the annual inflation rate from 3.6% to 4.7%.

ChainCatcher news, according to Jinshi reports, ECB Executive Board member Schnabel hinted that rate setters may have nearly completed the interest rate cuts in the eurozone.He warned that as interest rates decline significantly, inflation risks are increasingly tilted to the upside. There is a general belief that, given signs of weak economic growth, the ECB Governing Council will cut rates again when it meets in early March. However, the hawkish Schnabel stated that the ECB should now begin discussing "whether to pause or stop" the rate cuts. This statement highlights the growing tension within the ECB regarding the economic outlook and marks the strongest indication so far that some of the 26 members of the ECB Governing Council believe they may soon need to slow down the pace of rate cuts or even stop them altogether.

ChainCatcher news, QCP Capital's latest analysis points out that as tariff tensions escalate, market concerns about inflation continue. Currently, some Chinese goods have been confirmed to be subject to a 10% tariff, while the proposal for a 25% tariff on Canada and Mexico is still under negotiation. The steel and aluminum tariffs are set to increase from 10% to 25% on March 12. Although the market has absorbed these risks, the stock market continues to rise, the VIX term structure remains flat, and volatility sellers dominate the market.The crypto market is under pressure, with Solana attracting attention ahead of the unlocking of 30 million tokens on March 1. SOL hedging trades related to FTX are putting pressure on BTC and ETH. The Argentine meme coin LIBRA surged to a market cap of $4 billion after presidential endorsement, then plummeted 89%, resulting in significant losses for investors.MicroStrategy (MSTR) did not purchase Bitcoin last week, maintaining its holdings at 478,740 BTC, but plans to enhance its Bitcoin position through a $2 billion convertible preferred note private placement. Bitcoin has remained around $95,000 after dropping to $93,000, lacking short-term catalysts, making it difficult to break through resistance.

ChainCatcher news, Raymond James investment services strategist Bartston-Karl stated that although the Bank of England may wish to view the rise in inflation as a temporary phenomenon, the data from January shows that the inflation rate has risen to 3.0%, indicating that a further reduction in the benchmark interest rate may take some time.The key question facing the central bank's monetary policy committee is how long these price pressures will last. The Bank of England voted unanimously to cut interest rates two weeks ago, but since then its chief economist Pill has been warning against rushing into rate cuts despite weak economic activity. "Today's data proves that the Bank of England's firm commitment to gradually easing policy is the right approach."

ChainCatcher news, according to Jinshi reports, Federal Reserve's Daly stated that monetary policy needs to remain tight until there is sustained progress on inflation. She pointed out that the current policy is in good shape and can be adjusted flexibly if necessary, but caution is needed before making the next policy adjustment.Regarding the inflation situation, Daly mentioned that inflation is gradually declining, but the process is relatively volatile. When asked whether there will be further interest rate cuts within the year, she stated that "the world is full of uncertainties," and more information is needed to make a decision, while also paying attention to the labor market conditions. Furthermore, since the specific scope, scale, and implementation timeline of the new U.S. government's policies are still unclear, it is not advisable to rush into decisions that may lead to regret.

ChainCatcher message, Binance officially released a notification regarding the change in the tokenomics of BurgerCities (BURGER). The total supply of BurgerCities (BURGER) may have increased, with an annual inflation rate of 6% to 12%.

ChainCatcher news, according to Jinshi reports, Federal Reserve Governor Bowman spoke about the economic outlook: inflation is expected to decline, but there are still upside risks, and stronger confidence in the decline of inflation is needed before any further rate cuts. Patience in waiting for rate cuts will help to better understand the impact of government policies.The labor market has not tightened due to a slowdown in hiring, but the unemployment rate remains below the expected level of full employment, and wage growth has exceeded levels consistent with the Federal Reserve's inflation target. Currently, the U.S. economy remains strong, with economic activity achieving robust growth and the labor market nearing full employment. Core inflation levels are still slightly high, but they seem to have returned to a downward trajectory. My basic expectation is that core inflation will further slow down this year. Monetary policy is not on a preset path.

ChainCatcher news, according to Jinshi reports, Federal Reserve Governor Bowman stated that stronger confidence in the decline of inflation is needed before another rate cut.

ChainCatcher news, according to Jinshi reports, ECB Executive Board member Panetta stated that there is no need to hold back on interest rate cuts. With the 2% price target within reach and inflation risks declining, there is no need to delay rate cuts.Panetta said on Saturday: "Monetary policy continues to exert downward pressure on economic activity and inflation. Given that inflation is close to the target and domestic demand remains weak, this impact is increasingly unnecessary. A less decisive easing of monetary policy could lead to mid-term inflation being too low." Panetta also mentioned that borrowing costs are approaching the neutral interest rate, a level that neither restricts nor stimulates the economy. He believes that the downside risks to inflation outweigh the upside risks.The tariffs imposed by the U.S. on European exports may have little impact on Eurozone inflation, with the main risk still being a mid-term inflation rate falling below 2%. He also called for policy decisions to be "supported by communication focused on the real economy and mid-term inflation outlook." Panetta believes that the main threat to price trends comes from the energy market. In the context of increased volatility, energy market prices, especially natural gas prices, are rising and need to be closely monitored.

ChainCatcher news, according to Caixin, Fed's Logan stated that if the labor market remains strong, better inflation data does not necessarily mean the Fed can cut interest rates. Even with better inflation data, caution should be exercised regarding interest rate changes; the inflation data in the coming months will be very important; attention should also be paid to geopolitical and policy changes; these factors' impact on the economy is being observed carefully.

ChainCatcher news, according to Jinshi reports, in a foreign exchange and interest rate sentiment survey conducted by American Bank in February, the majority of respondents (58%) believe that if the U.S. PCE inflation rate exceeds 3%, it could prompt the Federal Reserve to raise interest rates. The PCE index is the Federal Reserve's preferred inflation measure.The survey also showed that 12% of respondents believe that if the 5-year/5-year inflation breakeven (based on market inflation expectations) is above 3%, it could become a trigger for interest rate hikes.

ChainCatcher news, according to Jin Shi reports, Granite Bay Wealth Management analyst Paul Stanley commented on the January PPI report, stating that the Federal Reserve "has no reason to cut rates now." The 0.4% increase was higher than the expectations of economists surveyed earlier, but lower than the revised 0.5% increase from December last year. Prior to this, the CPI data released yesterday also exceeded expectations.Stanley stated, "The timing of rising inflation is particularly special, as the economy is preparing for tariffs, and if tariffs continue, it could add another layer of inflationary pressure." He added that fixed-income investors may see an opportunity to lock in higher yields at this time.