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Quick staking, earn potential new tokens
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Earn interests with idle tokens
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One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
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Quant Fund
Top asset management team helps you profit without hassle
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Stake cryptos to earn in PoS products
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New
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GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Interest Rate Adjustment: Federal Reserve Ready to Implement Flexible Strategies Based on Economic Conditions
In the latest development, Jerome Powell, Chairman of the Federal Reserve, announced that the U.S. central banking institution has full freedom to set interest rates and monetary strategies without being bound to previously established policy paths. According to a report from ChainCatcher, Powell's statement emphasized the importance of flexibility in responding to the dynamics of the global financial markets.
The Federal Reserve, as Powell explained, is in an ideal position to determine the timing and level of further monetary actions. This approach opens up space for the central bank to adjust its measures based on real-time economic developments, rather than following rigidly planned scenarios. This decision-making flexibility allows monetary authorities to be more responsive to changes in market conditions, inflation, and economic growth.