federal reserve cbdc Top Overview

European Central Bank President Lagarde: Labor cost growth will slow down.The European Central Bank predicts that inflation will decline in 2025, and the European Central Bank currently predicts that inflation will cool down slightly faster than predicted in September. The bank's latest forecast shows that the average inflation rate in 2024 and 2025 is 2.4% and 2.1% respectively, while the previous forecast is 2.5% and 2.2% respectively. After cutting interest rates by 25 basis points, the European Central Bank said in a statement: "The anti-inflation process is on the right track." The bank said: "Domestic inflation has declined slightly, but it is still at a high level, mainly because wages and prices in some industries are still adapting to the past inflation surge, but there is a great delay." The European Central Bank maintains its inflation forecast of 1.9% in 2026, and predicts that the average inflation rate in 2027 will be 2.1%.Spot gold fell by $5 in the short term and is now reported at $2,704 per ounce.

Government statement: British Prime Minister Stamer will attend the informal meeting of EU leaders in Brussels on February 3rd.European Central Bank President Lagarde: The uncertainty brought by the next US administration is not within the forecast benchmark.Angola's national consumer prices rose by 28.41% year-on-year in November.

World Meteorological Organization: The possibility of La Nina in the next three months is more than 50%. The latest forecast released by the World Meteorological Organization on the 11th shows that the possibility of La Nina in the next three months is more than 50%. It is expected that the intensity of La Nina will be weak and the duration will be short. According to the introduction of the World Meteorological Organization, the current El Niñ o/Southern Oscillation (ENSO) index is in a neutral state, which is neither El Niñ o nor La Nina. According to the forecast, from December 2024 to February 2025, the possibility of changing from the current neutral state to La Nina phenomenon is 55%. The forecast also shows that from February to April 2025, the possibility of returning to neutral state is 55%. (Xinhua News Agency)European Central Bank President Lagarde: The European Central Bank did not discuss neutral interest rates this week. Many things will become clear in the next few months, not in the next few weeks.The stock price of RIOT platform rose 12% before the market closed. On the news, STARBOARD VALUE took a stake in bitcoin mining company RIOT.