Today
2025/05/13

What does the April inflation report mean for The Federal Reserve (FED)?

Jin10 data May 13 news, "The Federal Reserve (FED) mouthpiece" Nick Timiraos: The Federal Reserve (FED) will have no reason to change its wait-and-see stance because of the inflation data from April. These numbers largely align with the expectations of forecasters closely tracking the Labor Department's measurement of inflation. If it weren't for the widespread increase in tariffs in April, the inflation data might have led the Federal Reserve (FED) to expect to resume interest rate cuts soon. However, the potential rise in costs in the coming months may cause the Federal Reserve (FED) to remain on hold until it can better assess whether the price increases are temporary.
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VanEck, in collaboration with Securitize, launches a tokenized government bond fund, entering the RWA sector.

VanEck has partnered with Securitize to develop a blockchain-based tokenized treasury fund, entering the crypto market. This move represents a Financial Institution once again venturing into the tokenization of assets. Specific details have yet to be announced, but it is expected to comply with U.S. securities regulations.
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Moonshot launches Noodle ($NOODLE) and gooncoin ($GOONC)

PANews May 13 news, Moonshot announced the launch of the new coin Noodle ($NOODLE) on the Solana chain. Its current market capitalization is approximately $14.6 million, with a 24-hour volume reaching $33.4 million. In addition, Moonshot also launched the new coin gooncoin ($GOONC) on the Solana chain. Its current market capitalization is approximately $27 million, with a 24-hour volume reaching $41.4 million.
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VanEck has launched the multi-chain government bond fund VBILL, with cross-chain support provided by Wormhole.

PANews May 13th news, VanEck, with Assets Under Management of $120 billion, launched its first tokenized treasury bond fund VBILL, which is now live on Solana, AVAX, BNB Chain, and Ethereum. VBILL is tokenized through Securitize and provides cross-chain interoperability via Wormhole, supporting 24/7 Liquidity and real-time Settlement, aiming to offer institutional investors an on-chain alternative based on U.S. Treasury yields.
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Analysts: The full impact of tariffs on US inflation has yet to be fully realized.

On May 13, analyst Cameron Krice said that in the end, the CPI data was lower than expected, indicating that the direct transmission of tariffs to broader prices should be limited. Commodity prices were unchanged in April from the previous month, rising just 0.1% excluding food and energy. This may mean that even if the current tariffs are modest, their full impact [on inflation] has not yet been fully felt, as retailers are undoubtedly still digesting previously hoarded inventories, which has led to a widening trade deficit. Although the macro impact of the trade war policy is still unclear, there is no doubt that the weaker-than-expected inflation data will provide a short-term boost to financial assets.
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US April inflation annual rate cools, Goldman Sachs: pre-stocking delays inflation crisis

Jin10 Data reported on May 13 that the U.S. inflation rate cooled down in April. During this month, businesses are struggling to adapt to the shocks of Trump's unpredictable trade policies. The inflation monthly rate recorded 0.2%, higher than March's -0.1%, roughly in line with economists' expectations. In April, Trump's tariff order caused the market to be turbulent throughout the month. Retailers have been trying to keep prices stable for their customers, but they warn that they will ultimately have to raise prices. Goldman Sachs economists indicate that businesses' pre-emptive inventory before the tariffs take effect may moderately delay passing on higher prices to consumers.
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US inflation remains stable, and the market expects a subsequent pump due to tariff rises.

Jin10 reported on May 13th that U.S. inflation remained stable in April, with economists warning that this could be the last period of calm before the trade war initiated by Trump potentially leads to a surge in consumer prices. The U.S. February CPI rose 2.3% year-on-year, slightly lower than the annual increase of the previous month. The core CPI rose 2.8% year-on-year, consistent with the year-on-year increase in March.
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Analysts: After the CPI was released, U.S. bonds fluctuated narrowly as traders still bet on a rate cut by the Federal Reserve (FED) in September.

Jin10 data May 13 news, analyst Michael McKenzie stated that U.S. Treasury yields fell across the board by about 4 basis points, with the 2-year Treasury yield remaining below 4% and the 10-year Treasury yield within 4.45% after the CPI data was released. After the data was released, the market maintained narrow fluctuations as traders still expect the Federal Reserve (FED) to start cutting interest rates in September—by then, the impact of tariff policies on inflation and the economy will be clearer.
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Sophon achieves EVM equivalence, fully compatible with zkSync core development toolchain.

According to news from ChainCatcher, Sophon has officially inherited the core technology developed by The Matter Labs for zkSync, achieving EVM equivalence. This means that developers can deploy contracts using regular EVM tools without the need for additional tool adaptation. The official statement indicates that if the enhanced features provided by Sophon EraVM are not used, standard EVM contracts can be directly deployed. This update will improve development efficiency, help more quality applications to be implemented, and truly create value for end users.
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Traders continue to bet that the Federal Reserve (FED) will make its first rate cut in September and a second rate cut in October.

BlockBeats news, on May 13, traders continue to bet that The Federal Reserve (FED) will make its first rate cut in September and a second rate cut in October. (Jin10)
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Trump announced that the April inflation in the US dropped to 2.3% due to tariffs.

The inflation rate in the United States fell to 2.3% in the month when Trump imposed global tariffs, lower than expected. Although Trump reduced some tariffs, economists warn that there may still be upward price pressure in the future. Officials from The Federal Reserve (FED) expect inflation to rise further. Trump has called for the FED chairman to cut interest rates, but the FED prefers the PCE target. The PCE fell to 2.3% in March, above the FED's 2% target.
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After the CPI data was released, traders increased their expectations for The Federal Reserve (FED) to cut interest rates.

PANews May 13 news, US short-term interest rate futures rose after the release of CPI data, and traders increased their expectations for The Federal Reserve (FED) to cut interest rates.
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The annual CPI in the United States for April is at its lowest level in more than four years.

Jin10 Data, May 13 - The U.S. April unadjusted CPI year-on-year rate is 2.3%, the lowest since February 2021, with market expectations at 2.4%. The April seasonally adjusted CPI month-on-month rate is 0.2%, higher than last month's -0.1%, but lower than the market expectation of 0.3%.
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US April CPI continues to decline, lower than expected.

Jin10 data reported on May 13: The year-on-year CPI for the U.S. in April, not seasonally adjusted, was 2.3%, the lowest since February 2021, while the market expectation was 2.4%. The month-on-month CPI for April, seasonally adjusted, was 0.2%, higher than last month's -0.1% but lower than the market expectation of 0.3%.
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The core CPI year-on-year in the U.S. for April was 2.8%, with an expectation of 2.80%.

BlockBeats news, on May 13, the U.S. April seasonally adjusted core CPI year-on-year rate is 2.8%, expected 2.80%, previous value 2.80%. (Jin10)
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Glassnode: DOGE futures open interest rose by 63.9% over the past week, and speculative sentiment remains high.

BlockBeats news, on May 13, Glassnode data shows that although DOGE has pulled back from recent highs, the open interest in futures contracts is still on the rise, increasing by 63.9% over the past week (from $989 million to $1.62 billion). This divergence in trend indicates that even though price momentum has weakened, speculative positions in the market continue to increase.
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An address was activated after being dormant for 11.1 years, containing 300 BTC.

According to BlockBeats news on May 13, Whale Alert monitored that a certain Address was activated after 11.1 years of silence, containing 300 BTC (worth $31,045,610), which was only worth $134,144 in 2014.
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Institutions: American consumers still face very high effective tax rates.

Jin10 data reported on May 13th, even after significant tariff reductions this week, analysis from the Yale Budget Lab suggests that (U.S.) consumers still face an overall average effective tariff of 17.8%, the highest level since 1934. The fluctuation in the Trump administration's trade policy announcements makes it difficult for us to clearly understand the impact of tariffs on the economy, but today's April inflation data at least provides insight into how the initial tariff increases this year have been passed on to consumers.
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Analysts: Rising inflation may lead the Federal Reserve (FED) not to cut interest rates this year.

Jin10 data May 13th, CMC Markets chief market analyst Jochen Stanzel stated: "Today's U.S. inflation data is highly anticipated, as higher data could further weaken the prospects for the Federal Reserve (FED) to cut rates further—potentially leading to no rate cuts in 2025."
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MOODENG rose 32.52% in the last 24 hours, current price is 0.32623 USDT

According to Gate News bot, the latest market data from Gate shows that MOODENG has pumped 32.52% in the last 24 hours, currently priced at 0.32623 USDT.
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Analyst: The current BTC mining cost is approximately $36,800, and the miner profit margin is comparable to that of November 2022.

CryptoQuant analysts point out that the average mining cost for BTC miners is currently around $36,800 per coin, representing a price difference of 182% compared to the current market price. This reflects the average profit margin and indicates that price rises could bring about a bull run cycle in November 2022, peaking at a price of $100,000. Any price increase beyond this level would restore miner profits to pre-Halving levels and bring about excess profits in the early stages of the bull run in January 2023.
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Foreign media: Trump and the Saudi Crown Prince begin bilateral talks.

According to ChainCatcher news, as reported by Jin10 and Saudi media Ekhbariya, U.S. President Trump has begun bilateral talks with the Saudi Crown Prince.
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Strategists: Global diversification remains an important theme for investors.

As trade tensions ease and investment in the United States increases, global diversification makes more sense. The issue of U.S. credibility has long existed, and easing regulations in Europe could improve the economy. The key question is whether the discussion of ending U.S. exceptionalism will stop.
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Barclays: The Federal Reserve (FED) is expected to lower interest rates three times in March, June, and September of 2026, with each cut being 25 basis points.

Odaily News: Barclays expects the Federal Reserve to cut interest rates three times in March, June, and September 2026, with each cut being 25 basis points. (Jin10)
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MOODENG has risen 20.13% in the last 24 hours, currently priced at 0.32631 USDT.

According to the Gate News bot, the latest market data from Gate shows that MOODENG has pumped 20.13% in the last 24 hours, currently priced at 0.32631 USDT.
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Zhongxin Saike: A cash dividend of 2 yuan will be distributed for every 10 shares in 2024.

Jin10 reported on May 13 that China Science and Technology announced that the company's profit distribution plan for the fiscal year 2024 has been approved by the shareholders' meeting. The specific plan is: based on a total share capital of 171 million shares as of March 27, 2025, a cash dividend of 2 yuan (including tax) will be distributed for every 10 shares to all shareholders. The record date for this profit distribution is May 21, 2025, and the ex-dividend date is May 22, 2025.
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Arizona Governor Signs Crypto Assets ATM Anti-Fraud Bill HB 2387

The Governor of Arizona vetoed two Crypto Assets bills (SB 1373 and SB 1024) but signed the Crypto Assets ATM regulatory bill (HB 2387). The new bill requires Crypto Assets ATM operators to display fraud warnings, set transaction limits, provide customer support, and comply with AML protocols.
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MOODENG rose 18.07% in the last 24 hours, currently priced at 0.31603 USDT.

Gate News bot news, according to the latest market data from Gate, MOODENG has risen 18.07% in the last 24 hours, currently priced at 0.31603 USDT.
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Anchorage Digital acquisition Mountain Protocol

ChainCatcher news, Anchorage Digital announced the acquisition of the company behind the stablecoin USDM, Mountain Protocol, integrating its team, technology, and licenses to strengthen stablecoin capabilities. The CEO stated that this move is "an important step in supporting institutional adoption of stablecoins."
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Analyst: The ultimate goal of the United States is to achieve a global average tariff rate of 10%.

U.S. Trade Representative Tai stated, "We are working to reach a trade agreement as soon as possible. On key goods, the U.S. does not rely on any trade partner. A 10% global tariff is a powerful driver for reducing the deficit." Analysts at the financial website Forexlive believe that everyone should now be clear that the ultimate goal is to achieve a global average tariff rate of 10%. This should reduce overall uncertainty.
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Former Apto CEO: Still holds about 98% of APT and has a substantial SUI Position.

ChainCatcher news, former Aptos co-founder and CEO Mo Shaikh stated on the X platform that he still holds about 98% of APT tokens and mentioned that he holds a substantial SUI position. In December last year, Mo Shaikh announced his resignation. Mo Shaikh stated at the time that he would continue to serve Aptos.
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Michael Saylor: The 15.5% BTC yield of MSTR this year corresponds to a BTC profit of 7.2 billion USD.

BlockBeats news, on May 13, Strategy founder Michael Saylor stated that so far this year, MSTR's 15.5% BTC yield is equivalent to a BTC profit of 7.2 billion dollars.
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Huafeng Chemical: Termination of the reorganization matter not approved by the shareholders' meeting.

Huafeng Chemical has terminated the equity transaction for the purchase of Huafeng Synthetic Resin and Huafeng Thermoplastics through the issuance of shares and cash payment, as it did not receive approval from more than 2/3 of the shareholders at the general meeting. Both parties will continue to negotiate and communicate to fulfill the commitments related to asset injection.
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ZKsync Developers: The ZKsync and Matter Labs X account is still in a compromised state, please do not interact.

ChainCatcher message, ZKsync Developers have once again stated on the X platform that the ZKsync and Matter Labs X accounts are compromised, reminding users not to interact.
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Bank of England committee member Green admits that the interest rate cut decision faces a dilemma.

According to Gate.io News bot, the Bank of England monetary policy committee member Green stated that they are faced with a dilemma of whether to cut interest rates when making rate decisions.
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