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No results1Bitget Daily Report (October 29)｜Fed to Announce Rate Decision; Market Expects 25bp Cut; Visa Adds Multi-Chain Stablecoin Payments; Western Union to Launch Stablecoin on Solana2ARB/USDT Surges Amid Arbitrum Liquidity Influx and Rising On-Chain Trading Activity3DASH Rises Above $40–$42 Support, Eyes $60–$65 Breakout Momentum
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- 19:37Powell: No Significant Deterioration Observed in Any Sector of the EconomyJinse Finance reported that Federal Reserve Chairman Powell stated that there has been no significant deterioration in any sector of the economy, and overall, the economic situation is very positive. He also said that he believes the Federal Reserve has taken the right actions so far this year.
- 19:37Powell: Artificial intelligence investment is clearly one of the important sources of growthJinse Finance reported that Federal Reserve Chairman Powell stated that artificial intelligence is different from the bubble of the 1990s, when there was an obvious bubble and companies were already profitable. AI investment is clearly one of the important sources of growth; today's AI giants have revenue, business models, and profits that are completely different from those of the internet star companies of the past.
- 19:37Powell: The Federal Reserve is closely monitoring credit conditions.Jinse Finance reported that Federal Reserve Chairman Jerome Powell stated that the Federal Reserve is monitoring credit conditions very closely, and the observed rise in default rates does not indicate broader credit issues.