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Goldman Sachs Lowers Fed's Rate Cut Expectation for the Year to 50 Basis Points

BlockBeats News, January 11th: Following the non-farm payroll data release, Goldman Sachs currently expects the Federal Reserve to cut interest rates by a total of 50 basis points this year, compared to its previous forecast of 75 basis points. (FX168)

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On-Chain Activity

31min ago

A whale spent $1.5 million USDT to buy 786.16 ETH and transferred it to a new address.

33min ago

A new address has withdrawn approximately $2 million worth of ETH from Gate over the past hour.

1h ago

The address "58bro.eth" bought low and sold high, selling 8,000 ETH at a high price a week ago and subsequently repurchasing 10,501 ETH at a low price.

2h ago

Pump.fun Transfers Another 64,666 SOL to Kraken, Cumulative Sales Reach 5.618 Million SOL

24H Important News

2026-11-14

U.S. spot Bitcoin ETFs saw net outflows of $2.35 billion for two consecutive weeks, with BlackRock's IBIT experiencing 11 straight trading days of capital withdrawal.

Is the 'Santa Rally' coming? Goldman Sachs and other Wall Street institutions are bullish on a year-end rebound in US stocks, but inflation pressure may erupt in Q1 next year.

The three major U.S. indices rose this week, while Nvidia fell 13% for the week, with over $573 billion in market value wiped out.

Over 58,000 people petition the NVIDIA board for Jensen Huang's return, with Musk, Tom Lee, and others already in support.

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