Odaily reports: Arthur Hayes posted on the X platform that raising interest rates when government debt levels are high has a stimulative effect: bank reserve earnings increase, and the returns for holders of short-term Treasury bonds also increase, which overall will drive more consumption, especially consumption of financial assets.

He stated that although the Federal Reserve stopped RMP purchases in mid-August, when accounting for bank balance sheet expansion, the combined assets of the Federal Reserve and banks are still growing and creating money. As the quantity of money increases, even if its price rises, financial assets will continue to appreciate.

Odaily News: According to a research report by Huatai Securities, looking ahead, with the Fed's September rate hike now implemented, December may be the next period of substantive debate over a rate hike, and whether the Fed begins a rate-hiking cycle still requires more data and official statements to judge. Current market pricing puts the probability of a Fed rate hike in October at over 50%, but Huatai Securities believes that with the decline in fiscal impulse, the growing erosion of oil prices on household consumption, and tightening financial conditions, employment and inflation data may cool somewhat over the next 1-2 months. The necessity for a Fed rate hike in October has decreased, and another rate hike in December is expected as the baseline scenario, while the Fed's rate path in 2027 will depend on subsequent economic data, particularly whether the job market will continue to improve, thereby driving a rebound in wage growth, as well as the trajectory of inflation. (Jinshi)

Odaily News: According to CME's "FedWatch" data, the probability that the Federal Reserve will keep interest rates unchanged at its October meeting is 50.2%, while the probability of a 25 basis point rate hike is 49.8%.

Odaily News: U.S. President Trump stated on social media that U.S. interest rates should be lowered to 1% or lower, citing that the United States has the strongest credit in the world and that the current economy is attracting substantial new investment. Trump said that if the United States stopped trading with countries that have trade deficits, the U.S. could gain at least $1.5 trillion annually.

He stated that "deficit" essentially means "loss," and said that the situation where the United States has long borne the cost of global trade cannot continue. Trump once again urged the Federal Reserve to quickly lower interest rates, saying that reducing borrowing costs would help the U.S. economy develop.

Odaily News: According to MSX.COM data, at the U.S. stock market close, crypto-related stocks fell broadly. Circle dropped over 6%, Robinhood fell more than 5%, Coinbase declined over 4%, Bitmine dropped more than 3%, and Strategy fell over 2%. SpaceX rose more than 5%. In addition, some optical communications and memory chip stocks gained, with Lumentum up over 9%, Coherent up more than 6%, and Marvell Technology and Intel each up over 3%.

Odaily News: Federal Reserve Chair Warsh stated that since Fed policymakers last met in June, the U.S. economy has strengthened, the labor market is essentially at full employment, while inflation trends have shown no improvement. Warsh said, "Even in just the past few weeks, I think there is now a wide range of data indicating that the economy has indeed strengthened. The underlying momentum of economic growth is building. The problem is inflation — the issue of price stability has persisted for more than five and a half years." (Jinshi)

Odaily News: In his opening remarks at a press conference, Federal Reserve Chair Waller emphasized that both he and other policymakers are dissatisfied with the current pace of inflation. He stated: "What we are most focused on right now is the price stability side of our monetary policy mandate. The fact is simple: inflation is too high, and it has persisted for too long. The inflation data this summer has not shown me any meaningful improvement in the underlying trend." He pointed out that in recent CPI and PPI data, there are still too many categories with gains exceeding 3% over the past 6 months and 12 months. The Fed Chair emphasized that the FOMC's goals are clear and crucial: achieving full employment and price stability, and promoting a thriving U.S. economy that serves as a global benchmark. (Jinshi)

Odaily reports, according to Gate data, gold (XAUUSD) has fallen to $4,250/oz, currently at $4,236.96/oz, a 24-hour decline of 1.6%.

Odaily: White House spokesperson says the Fed's rate hike is "quite regrettable." (Jinshi)

Odaily reports that "New Bond King" Gundlach stated that if he were a Federal Reserve governor, he would vote against the decision today and support a 50 basis point rate hike.

Odaily News: The Federal Reserve hiked rates in September as expected, after the central bank had kept rates unchanged at its July meeting. Fed Chair Warsh said three things changed between the two meetings. He said data released in recent weeks showed the U.S. economy performing strongly, especially the labor market. At the same time, inflation remained elevated throughout the summer, clearly above the Fed's 2% year-over-year inflation target. Finally, he said geopolitical factors also prompted the Fed to change its assessment of the economic outlook, though he did not directly mention the U.S.-Iran war in the Middle East. Warsh said: "All three of these things contributed to the firm and unanimous decision we made today." (Jinshi)

Odaily News: Federal Reserve Chairman Warsh stated that the Federal Reserve is closely monitoring developments in the field of artificial intelligence and its impact on demand and supply, but decisions regarding AI safety risks and benefits should be made by other policymakers.

Warsh also stated that the Federal Reserve does not need to achieve its policy objectives at the expense of the labor market, and that its current and future focus is on ensuring price stability in order to support sustainable economic growth.

Odaily News: Federal Reserve Chairman Warsh stated that the recent rise in bond yields is mainly due to three factors: first, strong economic performance; second, intensified capital competition, with a real surge in capital expenditure; third, geopolitical factors.

Odaily News: Federal Reserve Chair Warsh stated that the U.S. economy has indeed strengthened, but inflation remains the primary issue currently faced.

Odaily: When asked whether there would be further rate hikes going forward, Warsh said he "does not provide forward guidance." In addition, Warsh declined to answer a question about what message he wanted to convey to U.S. President Trump.