TechFlow, July 19 — According to Jinshi News, as the Federal Reserve enters its blackout period, Governor Christopher Waller, a leading candidate for the next Fed chair, reiterated his support for a 25-basis-point rate cut in July, while data showed improved consumer inflation expectations. Meanwhile, trade tensions between the U.S. and the European Union persist, with Trump pushing for a minimum 15%-20% tariff on all EU goods and planning to announce sector-specific tariffs before August 1. Additionally, the long-anticipated "Crypto Week" concluded successfully after Trump signed the stablecoin bill as expected. Bitcoin hit a new all-time high above $123,000 this week, while Ethereum briefly surpassed $3,600 on Friday, outperforming Bitcoin for the fourth consecutive week. Below are key market events to watch in the coming week:
- Monday at 22:00, U.S. Conference Board Leading Index MoM for June
- Tuesday at 20:30, Fed Chair Powell delivers welcome remarks at a regulatory conference;
- Wednesday at 01:00, Fed Governor Bowman hosts a fireside chat at a Fed-hosted conference on large bank capital frameworks;
- Wednesday (TBD), President Trump speaks at an event titled "Winning the AI Race";
- Thursday at 20:30, U.S. Initial Jobless Claims for the week ending July 19
