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xAI Launches Grok 4.5

1 hours ago

xAI announced the launch of Grok 4.5 and Grok Voice Think Fast 2.0. The latter is priced at $0.08 per minute of audio. On August 5, Grok-Voice-Latest will be upgraded from Grok-Voice-Think-Fast-1.0 to Grok-Voice-Think-Fast-2.0. (Source: Jinshi Data APP)

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Walsh: June core CPI data has little impact on policy decisions.

Fed Chair Waller stated at a press conference: "Today's three dissenting votes do not fully reflect the substance of the discussions; the decision we reached was backed by the vast majority. The June core CPI data had little impact on the policy decision. We will communicate with the inflation working group in the coming weeks. We have obtained some encouraging inflation data, which we will closely monitor moving forward. What matters is the inflation trend. We will face important decisions in the period ahead." (Jinshi)

1 minutes ago

Spot gold crosses the $4,100 mark.

According to Bitget's market data, spot gold has risen above $4,100 per ounce, adding nearly $60 in gains since the interest rate decision was announced.

1 minutes ago

Wash: The economy is showing impressive resilience, with the sole target of achieving a 2% inflation rate.

Federal Reserve Chair Waller stated that discussions at the interest rate-setting meeting were harmonious. The economy has demonstrated impressive resilience. The committee refrained from issuing forecasts, is firmly committed to achieving price stability, has no flexible inflation target, and its sole goal is a 2% inflation rate. (Jinshi)

1 minutes ago

Walsh: Five years of high inflation has eroded the credibility of the 2% inflation target, and inflation cannot be tamed within nine weeks.

Fed Chair Waller stated at a press conference that the high inflation of the past five years has left the market with a persistent impression that the Federal Reserve’s implicit inflation target is higher than 2%. Waller noted that the inflation issue "cannot be resolved within 9 weeks," and pointed out that both nominal and real yields on the current U.S. Treasury yield curve have risen significantly.

1 minutes ago

Woshi: Will not hesitate to take action when necessary, as high-tech capital expenditure has grown significantly.

Federal Reserve Chair Walsh said at a press conference that central banks do not always need to be the focus of market attention, but the Federal Reserve will not hesitate to take action when necessary and appropriate. Additionally, Walsh pointed out that capital expenditure in the U.S. high-tech sector has surged, with related investment showing very strong growth momentum.

1 minutes ago

Walsh: AI investments lay the foundation for future growth

Fed Chair Walsh said at a press conference that investment is robust. Markets’ reaction to developments must be observed directly and unfiltered, he added, noting that AI investment lays the foundation for future growth. The Federal Reserve held a lively discussion on four key issues: first, five-year high inflation; second, recent economic shocks; third, price increases stemming from those shocks; and fourth, monetary policy tools and strategies.

1 minutes ago

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