🕛 Midday Report | January 13 Midday Highlights
Macroeconomics and Policy
1️⃣ Federal Reserve's Williams stated that under current economic conditions, there is no immediate reason for rate cuts, signaling a hawkish stance.
2️⃣ Today's release of U.S. December CPI data, along with a public speech by Musailem, may influence market expectations on the interest rate path.
3️⃣ Insider sources indicate that prosecutor Pirro has no intention to halt the investigation into Federal Reserve Chair Powell; developments remain under scrutiny.
4️⃣ Trump stated that any country doing business with Iran will face a 25% U.S. tariff, escalating geopolitical risks.
Crypto and Regulation
5️⃣ ZKsync unveiled its 2026 roadmap, focusing on Prividium, ZKStack, and Airbender, strengthening the ZK ecosystem infrastructure.
6️⃣ U.S. SEC Chair said whether the U.S. will seize Venezuela's claimed holdings of Bitcoin remains to be seen, offering no clear stance.
7️⃣ Democratic Senate Banking Committee member called for a hearing before Thursday's review of the crypto bill.
8️⃣ Amid Trump's push to include cryptocurrencies in retirement plans, Warren is pressuring the SEC to establish a clear risk management framework for digital assets.
