Search results for "FOX"
2026-03-03
23:10

U.S. Central Command: The Strait of Hormuz has not been closed

Odaily Planet Daily reports that, according to Fox News reporters: The U.S. Central Command states that the Strait of Hormuz is not closed, despite claims by the Iranian Revolutionary Guard. Iran is not patrolling the strait, and there are currently no signs of them laying mines in the strait.
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13:46

Musallam: Tariff substitution will not change the outlook on economic prospects

ChainCatcher News, according to Jin10, FOMC voting member and St. Louis Fed President James Bullard stated in an interview with Fox Business that if the Trump administration maintains most tariffs through other means, his outlook on the economy would not change significantly. He also mentioned wanting to know whether businesses will receive tariff refunds and the amount of those refunds. Regarding the possibility of a rate cut this year, Bullard said that the Federal Reserve's benchmark interest rate is currently at or below the "neutral rate" level.
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03:40

Pompliano reminds investors: Bitcoin's value test is approaching. Can cooling inflation support holding positions?

February 14 News, Bitcoin entrepreneur Anthony Pompliano recently stated that as inflation data recedes, Bitcoin investors face the challenge of reassessing their reasons for holding. Pompliano pointed out on Fox Business that the value of Bitcoin lies in its limited supply, and when governments increase money issuance, Bitcoin prices tend to rise. He believes that, like gold, Bitcoin is a preferred long-term investment asset, but during periods of weakening inflation, investors may need to consider their holdings more cautiously. According to data from the U.S. Bureau of Labor Statistics, the Consumer Price Index (CPI) in January decreased from 2.7% in December to 2.4%. Moody’s Chief Economist Mark Zandi warned that headline inflation data might be lower than actual experience, implying that market demand for inflation-hedging assets like Bitcoin could be affected in the short term. Pompliano stated that the macroeconomic environment will continue to influence Bitcoin price fluctuations, which he calls the “currency slingshot effect”—the short-term deflation masking the dollar’s devaluation trend, leading investors to pay more attention to Bitcoin’s value preservation function in the future.
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BTC1,2%
08:55

Trump criticizes Powell again as the "wrong person"! Hints at a potential shift in monetary policy, with markets and Bitcoin being highly sensitive

President Trump openly stated in an interview with Fox Business that choosing Jerome Powell as Federal Reserve Chair was "a major mistake," and he rarely admits that he was more inclined toward Kevin Wirth but did not stick to it. He said that this decision did not align with his economic philosophy of emphasizing growth and momentum, and the Fed's policy pace also failed to support this direction. This statement quickly sparked market discussion and was seen as a strong hint about the future direction of monetary policy. Kevin Wirth is not an ordinary choice. He served as a Federal Reserve Board member from 2006 to 2011, deeply involved in decision-making during the global financial crisis, and is known for his hawkish stance on inflation. In 2017, he was a top candidate for Fed Chair, ultimately ranking second. Trump’s "revisiting the past" is interpreted by outsiders as a reflection on past decisions and also signals a reconsideration of future policy candidates.
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BTC1,2%
08:21

Powell Under Investigation, Waller's Nomination Stalls: Federal Reserve Personnel Turmoil Impacts Bitcoin Market

U.S. Treasury Secretary Scott Bessent urges the Senate Banking Committee to expedite the confirmation hearings for Kevin Warsh as the next Federal Reserve Chair, despite the ongoing investigation by the Department of Justice into current Chair Jerome Powell. This statement has drawn attention from both Washington and financial markets. Bessent responded to Senator Tom Tillis's obstruction stance in an interview with Fox News. Tillis previously stated that if the investigation is not concluded, he would suspend all nomination processes for the Federal Reserve Chair. Bessent emphasized that the hearings themselves help clarify the controversy and should not be delayed long-term by political deadlock.
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BTC1,2%
10:50

Amidst the obstacles to the crypto bill, Lummis supports stablecoins, and U.S. banks may face a window for digital asset transformation

On February 6, it was reported that as the U.S. cryptocurrency market structure bill has yet to be enacted, U.S. Senator Cynthia Lummis called on domestic banks to view stablecoins and digital assets positively. In an interview with Fox Business, she stated that digital asset custody and stablecoin payments are not threats, but rather bring new product forms and growth opportunities to the traditional financial system. Lummis is currently the chair of the Senate Digital Asset Committee. She pointed out that stablecoins can significantly shorten cross-border and domestic settlement times while reducing costs, thereby expanding the service boundaries of banks. "This is not only beneficial to consumers but also creates new revenue streams for banks," she emphasized.
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BTC1,2%