New York Fed President John Williams said that AI equipment supply may take 2 years to catch up with demand, and reiterated that another rate hike may be needed this year.
Cointime reports that Federal Reserve rate-hike expectations have intensified, a dormant BTC whale transferred out assets, Bybit announced the launch of mStocks next month, and multiple corporate and commodity developments were listed.
U.S.September nonfarm payrolls increased by 29000 people, below expectations, and the unemployment rate rose to 4.2%; the market immediately reduced its expectations for Federal Reserve October rate hikes.