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Federal Reserve Governor Christopher Waller indicated support for maintaining current interest rates at the September meeting, citing confidence in ongoing inflation trends.

Federal Reserve Governor Christopher Waller indicated that the September interest rate decision will be significantly influenced by the upcoming August CPI data, suggesting potential support for a rate hike if inflation trends warrant it.

The article argues that the Federal Reserve's interest rate decision this month is less significant for stock market performance than commonly perceived.

Arthur Hayes suggests a decline in the EUR/JPY exchange rate may indicate future U.S.

Morgan Stanley's Andrew Sheets states that investors remain skeptical about the Treasury's ability to significantly alter market conditions through increased purchases of long-dated bonds, despite Treasury Secretary Scott Bessent's recent pledge.

The article highlights a surge in global bond yields to 2008 levels, with the 30-year US Treasury reaching 5%, coinciding with a surprise increase in the Treasury's bond buyback program and a hawkish speech by Fed Chairman Kevin Warsh at Jackson Hole.

Bitcoin has recovered to above $77,500, with all major tokens showing positive 24-hour performance, although only Zcash and Hyperliquid have maintained weekly gains.

The article posits that stablecoins are increasingly serving as a mechanism for expanding private demand for US Treasury bills, effectively acting as a 'debt buyer of last resort' for the Federal Reserve.

The Federal Reserve's Beige Book reported that U.S.

The article highlights that strong corporate earnings are no longer the primary driver for stock market direction, as attention shifts to upcoming macroeconomic data releases (jobs report, CPI) and the Federal Reserve's rate decision.

A Federal Reserve watchdog has recommended enhanced measures to strengthen information security and confidential information sharing, aiming to mitigate conflicts of interest and improve trust in financial oversight.

The article reports that market expectations for a Federal Reserve rate hike in September have increased to 60%-68%, significantly reducing the odds of a rate cut.