ChainCatcher news, according to Jinshi reports, Bank of America announced an adjustment to its expectations for the Bank of Japan's interest rate hike, predicting that the Bank of Japan will raise rates by 25 basis points to 0.50% at its policy meeting this Friday (January 26), significantly earlier than the previously expected March timeline.Bank of America stated that strong inflation data and the possibility that the Bank of Japan may need to revise its inflation forecasts are the main reasons for the earlier rate hike expectation. Additionally, recent hawkish comments from senior central bank officials, including Governor Ueda Kazuhiro and Deputy Governor Amamiya Masayoshi, also support this judgment. Previously, Bank of America leaned towards a March timeline to allow the Bank of Japan more time to assess the new U.S. government's policies.

ChainCatcher news, according to The Block, Presto Research analyst Min Jung stated that the rise in the crypto market is mainly driven by lower-than-expected CPI data, which temporarily alleviated inflation concerns. The core consumer price index for December was 3.2%, lower than expected and also below November's 3.3%. Additionally, news related to Trump played an important role, including his plan to make cryptocurrency a "national priority" and his openness to exploring support for establishing a cryptocurrency reserve in the United States.Min Jung indicated that the broader market is cautiously optimistic, with macro-level focus primarily on inflation issues. The lower CPI data provided a temporary relief, but investors are still closely monitoring any signals that may indicate sustained inflationary pressures. Jung predicts that more news related to Trump potentially establishing a national Bitcoin reserve may further exacerbate market volatility in the short term.

ChainCatcher news, according to Jinshi reports, the U.S. December CPI rose slightly above expectations due to rising energy product costs, indicating that inflation is still on the rise, which aligns with the expectation of a smaller rate cut by the Federal Reserve this year.The overall CPI in the U.S. for December increased by 0.4% month-on-month and 2.9% year-on-year; the core CPI has risen by 0.3% for four consecutive months, with a year-on-year increase of 3.2%. Efforts to bring the inflation rate back to the Federal Reserve's 2% target faced obstacles in the second half of last year. Strong economic performance, the threat of widespread tariffs on imported goods, and large-scale deportations of undocumented immigrants have also led the Federal Reserve to expect a smaller rate cut this year.Additionally, Trump has promised tax cuts, which will stimulate the economy; consumer inflation expectations surged in January, with households concerned that tariffs will raise product prices. The Federal Reserve is expected not to cut rates in January.

ChainCatcher news, according to Jinshi reports, analysts at ING, Francesco Pesole, stated in a report that if the later released data shows that the U.S. core inflation in December remains high, the dollar may appreciate.He mentioned that the market generally expects the month-on-month core inflation rate to be between 0.2% and 0.3%, with an average expectation of 0.25%. ING expects the data to record a growth of 0.3%, which may intensify expectations for the Federal Reserve to take cautious measures to cut interest rates, thereby benefiting the appreciation of the dollar.He stated that before considering the prospect of President-elect Trump's imposition of trade tariffs, high inflation would make investors uneasy about price pressures.

ChainCatcher news, according to Jinshi reports, BlackRock released its Q4 2024 financial report. During the period, net inflows into stocks reached $126.57 billion, far exceeding the market expectation of $73.47 billion; revenue reached $5.68 billion, higher than the expected $5.59 billion; base fees and securities lending income were $4.42 billion, slightly above the expected $4.38 billion.As of the end of the quarter, BlackRock's assets under management reached $11.55 trillion, slightly below the market expectation of $11.66 trillion.

ChainCatcher news, according to Jinshi reports, after the speech of Bank of Japan Governor Kazuo Ueda, Nomura Securities has brought forward its expectations for a Bank of Japan interest rate hike from March to January.

ChainCatcher news, according to CoinDesk, analyst Omkar Godbole pointed out that although Bitcoin has quickly rebounded from below $90,000, the stagnation of stablecoin supply may indicate market risks. Glassnode data shows that the total supply of the four major stablecoins—USDT, USDC, BUSD, and DAI—remains at $189 billion, with a net change of only 0.37% over the past 30 days, indicating a lack of new capital inflow into the market.Analysts believe that if the upcoming U.S. CPI data exceeds expectations, combined with last Friday's strong employment report, it may exacerbate market concerns about the Federal Reserve's interest rate cuts being less than expected, potentially triggering significant downward volatility.

ChainCatcher News, the U.S. December PPI data rose moderately, but this is unlikely to change the view that the Federal Reserve will not cut rates again before the second half of this year, due to the strong performance of the labor market. The U.S. Bureau of Labor Statistics announced on Tuesday that the PPI rose 0.2% last month, while economists had previously predicted a 0.3% increase. Year-on-year, the PPI rose 3.3% after a 3.0% increase in November. The surge in the year-on-year increase reflects the price declines from last year, particularly as energy prices have been excluded from the calculation.Currently, at least one Wall Street firm (Bank of America) now believes that the Federal Reserve's easing cycle has ended. Goldman Sachs expects two rate cuts in June and December this year, down from the previous forecast of three. (Jin Shi)

ChainCatcher news, according to Jin Shi reports, BeiChen Lin, an analyst at Russell Investments, stated in a report that even if the U.S. inflation report released on Wednesday is only slightly above expectations, it could trigger a sell-off in the bond and stock markets. This investment strategist noted that last Friday's exceptionally strong U.S. employment report seems to have awakened concerns about inflation.He stated, "Although we believe that U.S. Treasury yields are attractive at current levels, we still think that unless yields rise significantly, it is best for investors to stick close to their long-term allocation ratios." Economists surveyed by The Wall Street Journal expect the U.S. CPI in December to increase by 2.9% year-on-year, up from 2.7% in November. The survey indicates that the annual core inflation rate is expected to remain unchanged at 3.3%.

ChainCatcher news, according to CoinDesk, influenced by better-than-expected U.S. employment data, Goldman Sachs has lowered its expectations for Federal Reserve rate cuts, pushing the first rate cut expectation from March to June, and now expects only two rate cuts in 2025.Bank of America is more cautious, believing that the Federal Reserve may extend its pause on rate cuts, and there is even a risk of rate hikes. The market is focused on the CPI data set to be released on January 15, with a month-on-month increase of 0.3% for the fifth consecutive month potentially further strengthening hawkish expectations.Since the Federal Reserve's first rate cut in September 2023, Bitcoin has risen over 50%, once breaking through the historical high of $108,000. The market generally expects Bitcoin to test the support level of $92,000, which has consistently provided support since last November.

ChainCatcher news, QCP Capital's latest analysis points out that the U.S. non-farm payroll data reached 256,000, far exceeding the expected 164,000, indicating signs of an overheating economy. Market expectations for interest rate cuts have cooled, coupled with concerns about inflation that may arise from the potential reactivation of tariff policies from the Trump era.Despite macro pressures and ongoing Silk Road FUD, Bitcoin and Ethereum support levels have temporarily stabilized at $91,000 and $3,100, respectively. The volatility in the options market has gently declined, maintaining a slight bearish bias only before Trump's inauguration. This week, PPI, CPI, and unemployment data will be released sequentially. Against the backdrop of a continuously warming U.S. economy, this week will be a critical period to test the inflation hedging function of cryptocurrencies.

ChainCatcher news, according to Jinshi reports, Federal Reserve's Goolsbee stated that if economic conditions remain stable, inflation does not rise, and full employment is achieved, then interest rates should decrease. If current expectations are realized, interest rates will significantly drop in 12 to 18 months.

ChainCatcher news, according to Jinshi reports, the Financial Times commented on the non-farm data, stating that the U.S. created 256,000 jobs in December, exceeding expectations and supporting the case for the Federal Reserve to slow down the pace of interest rate cuts.The U.S. Bureau of Labor Statistics released employment figures on Friday that surpassed the 160,000 expected by Reuters analysts and were also higher than the revised 212,000 for November. The unemployment rate was 4.1%, down from 4.2% in November. As the December employment data was released, a sell-off occurred in the global government bond market, partly due to increasing expectations that the Federal Reserve will only make modest interest rate cuts in 2025.

ChainCatcher news, the seasonally adjusted non-farm payrolls in the U.S. for December increased by 256,000, expected 160,000, and the previous value was revised from 227,000 to 212,000, reaching a new high since March 2024.

ChainCatcher news, according to Caixin, Musk admitted during an interview with former Clinton administration advisor and political strategist Mark Penn that the proposed "Department of Government Efficiency" (DOGE) in the U.S. would find it difficult to achieve the previously promised $2 trillion reduction in federal spending. This stands in stark contrast to his statement at a Trump campaign rally last October, where he claimed to "cut at least $2 trillion." Musk explained that setting a high target is meant to ensure actual results, stating, "If we try to cut $2 trillion, we can achieve $1 trillion in results."According to data from the U.S. Treasury, the fiscal year 2024 spending is $6.75 trillion, while the government's discretionary budget is only $1.7 trillion. Musk stated that if the budget deficit could be reduced from $2 trillion to $1 trillion and economic potential is unleashed to allow the output of goods and services to keep pace with the growth of the money supply, inflation control could be achieved. Experts predict that Musk and Ramaswamy may focus their cuts on social welfare programs such as Medicaid.

ChainCatcher news, according to Jinshi reports, the U.S. December ADP employment figure is 122,000, expected to be 140,000, and the previous value was 146,000, marking the lowest level since August 2024.

ChainCatcher news, QCP Capital's latest analysis points out that due to better-than-expected U.S. employment data, Bitcoin has pulled back to the support level of $95,000. JOLTS job openings surged to 8.1 million, exceeding the expected value of 7.74 million. The unexpected strength in the labor market has triggered risk-off sentiment, leading to a sell-off in risk assets as long-term bond yields rise.Bitcoin ETF inflows plummeted from $987 million to $52.9 million, a decrease of 94%. Among them, BlackRock's IBIT recorded a significant inflow of $596 million, while ARK and 21Shares' ARKB saw an outflow of $213 million.QCP Capital believes that this week's FOMC meeting and non-farm payroll data will further influence Bitcoin's trend. The market expects that Trump's inauguration will boost optimism, and the current pullback may serve as a buildup for a bullish rebound.