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Share link:In this post: Treasury Secretary Scott Bessent told Japan’s Nikkei the next Fed chair must have market credibility, strong data-analysis skills, and a forward-looking approach beyond just rate policy. He defined a “strong dollar” as maintaining the U.S. dollar’s reserve currency status through sound economic policy, not pegging it to a fixed exchange rate. About 10 candidates are in the running to replace Jerome Powell in May, including James Bullard, Kevin Hassett, Kevin Warsh, Christopher Wall
Bitcoin price is within a whisker of its July record, and two market signals hint the breakout may not stop at a new high.
Lido DAO’s LDO token surged 12% to a six-month high amid rising network activity and strong investor interest. Bullish sentiment now targets $1.68, with $1.85 in sight if momentum holds.
- 21:38Anthropic CEO: There is a 25% chance that artificial intelligence could turn out "very badly" in the futureAccording to Jinse Finance, AXIOS reported that Anthropic CEO Dario Amodei stated at a summit on Wednesday that there is a 25% chance that the future of artificial intelligence could become "very bad." When asked about the "(p)doom number" (referring to the likelihood of AI development worsening, especially its potential to destroy humanity), Amodei gave this percentage. Amodei said that confronting the potential concerns of artificial intelligence is key to achieving positive outcomes. He stated, "I actually really hate this statement," and added that there is a "75% chance that AI will develop very well."
- 21:38JPMorgan Global Head of Fixed Income: Only One Dissenting Vote in the Decision Is Surprising, Demonstrates Federal Reserve UnityJinse Finance reported that Bob Michele, Global Head of Fixed Income at JPMorgan Asset Management, stated that it was surprising to see only one dissenting vote in the latest Federal Reserve decision. This demonstrates the Fed's unity in reducing policy restrictiveness, and that the previous level of policy restrictiveness exceeded their expectations.
- 21:28The US Dollar Index rose by 0.25% on the 17th.Jinse Finance reported that the US Dollar Index rose by 0.25% on the 17th, closing at 96.876 in the foreign exchange market.