interest

According to Coinglass data, the total contract open interest for BTC has decreased by 5.07% in the past 24 hours, with the current total open interest at 48.58 billion USD. Among them, Binance's open interest is 8.431 billion USD, OKX's open interest is 3.051 billion USD, Bybit's open interest is 4.123 billion USD, and Gate's open interest is 4.181 billion USD.

According to Jinshi reports, U.S. short-term interest rate futures show that traders have reduced the pricing for the Federal Reserve's interest rate cuts this year by about 3.5 basis points compared to before the meeting, down to 17 basis points.

According to Jinshi reports, Federal Reserve Chairman Powell stated that investments in artificial intelligence may also raise the neutral interest rate.

According to Jinshi reports, the CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged until April is 96.9% (consistent with before the decision), the probability of a cumulative rate cut of 25 basis points is 2% (consistent with before the decision), and the probability of a rate hike of 25 basis points is 1% (consistent with before the decision). By June, the probability of a cumulative rate cut of 25 basis points is 14.4% (was 16.3% before the decision), the probability of keeping interest rates unchanged is 84.4% (was 82.5% before the decision), and the probability of a rate hike of 25 basis points is 0.9% (consistent with before the decision).

According to Jinshi reports, Federal Reserve Chairman Powell stated that the possibility of raising interest rates was indeed mentioned in the next steps.

According to Jinshi News, Peter Cardillo, chief market economist at Spartan Capital Securities, stated that the Federal Reserve is behaving very cautiously, and interest rate cuts may have to wait until the fourth quarter, depending on the trend of energy prices. If energy prices remain at current levels, it will mean a higher inflation rate, with economic growth potentially below 1%, while the inflation rate will also be higher, creating a stagflation situation.

According to Jinshi reports, Federal Reserve Chairman Powell stated that the policy interest rate is currently at the high end of the neutral range, slightly tightening, and is on the edge of tightening and not tightening.

According to Jinshi reports, Federal Reserve Chairman Powell stated that the median forecast for the interest rate path has not changed, but there has been a significant increase in the number of people leaning towards fewer rate cuts.

According to Jinshi reports, Federal Reserve Chairman Powell stated that if there is no progress on inflation, the Federal Reserve will not cut interest rates.

According to Jinshi reports, Federal Reserve Chairman Powell stated that there is uncertainty in the interest rate expectations of individual decision-makers, and the dot plot is not a set plan or decision.

According to Jinshi reports, Federal Reserve Chairman Powell stated that last year's interest rate cuts brought the level of interest rates close to a reasonable estimate of the neutral rate.

According to Jinshi reports, Federal Reserve Chairman Powell stated that the Federal Reserve is currently in a favorable position to decide on future interest rate adjustments.

According to Jin Shi reports, Goldman Sachs' Head of Multi-Asset Fixed Income Investment, Lindsay Rosner, stated that despite the upward revision of inflation forecasts, the Federal Open Market Committee (FOMC) still maintains a dovish stance. Goldman Sachs still believes there is room for two "normalization" rate cuts in 2026, with the specific timing depending on the duration of the conflict.

According to Jinshi reports, Pimco global economic advisor and former Federal Reserve Vice Chairman Clarida stated that the result of this Federal Reserve interest rate decision is "constructively dovish." He added that artificial intelligence supports economic demand, and to some extent, it, along with the BBB (Big Beautiful Bill) tax cuts, may offset the drag caused by rising oil prices.

According to Jinshi News, against the backdrop of widespread market expectations that the Federal Reserve will cut interest rates, a Federal Reserve policymaker predicts that there will be an interest rate hike next year. This view belongs to a minority, as most decision-makers still believe there will be a rate cut this year. With oil prices rising sharply, discussions in the market about interest rates increasing next year may intensify. Currently, among the 19 policymakers at the Federal Reserve, 7 believe that interest rates will remain unchanged by the end of the year, 7 believe a 0.25 percentage point cut is necessary, and 5 believe that at least two rate cuts are needed.

According to Jinshi, U.S. interest rate futures indicate that there will be a cumulative rate cut of 21 basis points by 2026, unchanged from before the Federal Reserve's statement was released.

According to Jinshi reports, the Federal Reserve maintained the federal funds rate as expected, and the dollar index DXY fell 10 points in the short term, currently reported at 99.73.

According to Gate market data, the Federal Reserve maintained the federal funds rate as expected, and spot gold rose by $10 in the short term, reported at $4,895.32 per ounce.

According to Jinshi reports, the Federal Reserve has kept the benchmark interest rate unchanged at 3.5%-3.75%, marking the second consecutive time it has held steady, in line with market expectations.

According to Jinshi reports, the CME "Fed Watch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points at this meeting is 0%, the probability of maintaining the current interest rate is 98.9%, and the probability of raising interest rates by 25 basis points is 1.1%. By April, the cumulative probability of a 25 basis point rate cut is 2%, the probability of maintaining the current interest rate is 96.9%, and the probability of raising interest rates by 25 basis points is 1%. By June, the cumulative probability of a 25 basis point rate cut is 16.3%, the probability of maintaining the current interest rate is 82.5%, and the probability of raising interest rates by 25 basis points is 0.9%.