Odaily News The latest research report jointly released by the New York Fed and the San Francisco Fed points out that although the current short-term borrowing costs are relatively high, there is still a possibility that the Fed's short-term interest rate target will approach zero again in the next few years. The report, co-authored by New York Fed President Williams, shows that the medium- and long-term risk of the Fed's interest rate target returning to an ultra-low level "is currently at the lower end of the range observed in the past fifteen years." However, the researchers added that due to the recent increase in uncertainty, the possibility of returning to near-zero interest rates in the medium to long term "remains significant." (Jinshi)

Odaily News According to Arkham monitoring, about 9 minutes ago, the US government marked the address to transfer 86,564 ETH to Coinbase, worth $219,450. It is reported that these ETH were originally seized from Chase Senecal in October 2022.

Odaily News Tom, founder of Letsbonk, posted on the X platform: “I will buy some Meme coins privately today. If they survive, I will build more positions. If you have community coins now, this is an opportunity to show your strength. I want to help a stable community where I can.”

Odaily News U.S. President Donald Trump announced that he would impose a 25% tariff on Japanese and South Korean goods imported into the U.S. from August 1. The move marks the beginning of the U.S. government's unilateral tariff policy against countries with which it has not yet reached a trade agreement. The two Asian countries became the first targets of the trade demand letters and agreements that the Trump administration promised to issue intensively on Monday. Trump has accelerated the reform of U.S. trade policy in his second term, which continues to bring uncertainty to markets, central bank officials and corporate executives. All parties are struggling to assess the impact of this policy on production, inventory, recruitment, inflation and consumer demand - even without this ever-changing tariff policy, regular business planning is not easy. According to the letter released by Trump, the tariff levels of Japan and South Korea are basically in line with his previous warnings. Trump initially imposed a 24% tariff on Japan and a 25% tariff on South Korea. After his so-called reciprocal tariff extension for 90 days, Trump reduced these tariffs to 10% to allow time for negotiations. (Jin Shi)

Odaily News According to Lookonchain monitoring, a whale (bc1q2q) deposited 1,200 BTC worth $130.58 million to Binance in the past 7 hours.

Odaily News Arkham posted on the X platform that the US government marked an address that had just transferred $10 worth of ETH to Coinbase, which was suspected to be a test transaction.