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Nick Timiraos: US core PCE growth is expected to reach 3.4% year-on-year.
According to ChainCatcher, citing Jinshi, Nick Timiraos, a "Federal Reserve mouthpiece," stated that some forecasters who convert US PPI and CPI data into May PCE expect the US core PCE to record a strong reading and a large gap with the CPI. They predict that when the data is released on Thursday, the core PCE year-on-year growth rate will reach 3.4%.
Fed mouthpiece Nick Timiraos: CPI rose 8.2% on a three-month annualized basis.
According to an analysis by Nick Timiraos, often referred to as the "Federal Reserve Odaily," it is noteworthy that the overall CPI rose 0.47% month-on-month (an annualized increase of 5.8%), pushing the unadjusted CPI annual rate to 4.2%, a three-year high. On a three-month annualized basis, the CPI increase reached 8.2%.
Nick Timiraos: Non-farm payroll report largely eliminates reasons for short-term rate cuts
According to ChainCatcher, citing Jinshi, Nick Timiraos, a vocal advocate for the Federal Reserve, stated that the renewed acceleration in spring hiring provides further justification for Fed officials concerned about inflation and believing current interest rates are too low. He pointed out that while the jobs report won't completely resolve the debate over a Fed rate hike later this year, it does suggest that the rationale for a near-term rate cut has largely disappeared.
Fed mouthpiece Nick Timiraos: April core PCE rose modestly month-over-month, but the annualized rate still reached 2.9%.
According to Odaily Odaily, Nick Timiraos, often referred to as the "Federal Reserve mouthpiece," stated that core PCE prices rose 0.24% in April. While this is the most modest month-over-month increase in the index over the past five months, it still represents an annualized rate of 2.9%. The 3-month and 6-month annualized core PCE inflation rates are 3.8%, while the 12-month change is 3.3%. (Jinshi)
ENS co-founder Nick Johnson used 80% of his vote to reject the Security Council's renewal, sparking community criticism.
PANews reported on July 1st that, according to The Block, ENS co-founder Nick Johnson voted against the renewal of the ENS DAO Security Council. His approximately 3.26 million ENS tokens represented 80% of the votes cast, causing the executable vote to fail with an 82% rejection rate. The proposal originally intended to renew the Security Council for two years. Johnson stated that he abstained from the snapshot vote and commented in support of renewal but not the current member list, citing concerns about current members' plans to use their veto power to block proposals they personally disagreed with. He then voted against the executable vote. He also supported an alternative proposal that raised the Security Council threshold from 4/8 to 5/8. This move has sparked strong criticism from the community.
The Knicks narrowly defeated the Spurs in Game 2 of the NBA Finals, and Gate.com's predictions show their chances of winning Game 3 have risen to 55%.
PANews , June 6th - Game 2 of the NBA Finals between the Knicks and Spurs has officially concluded, with the Knicks narrowly defeating the Spurs 105-104. With this game settled, market attention is gradually shifting to the upcoming Game 3. According to the latest data from Gate.com's prediction market, the Knicks have approximately a 55% chance of winning Game 3, while the Spurs have approximately a 46% chance. As the first CEX platform to integrate with Polymarket.com, Gate.com consistently ranks among the top three in Polymarket.com's partner channels, becoming a crucial entry point for users to participate in the prediction market, maintaining a leading advantage in user participation, market activity, and ecosystem influence.