PANews reported on October 25th that according to Jinshi, Huatai Securities' research report stated that the US CPI slowed more-than-expected in September, primarily due to an unexpected slowdown in the rent component. While tariffs still contributed to some price increases, the magnitude was relatively modest. The housing component's impact contributed to the unexpected decline in inflation in September. Given the ongoing government shutdown and the overall cooling of the job market, an October interest rate cut by the Federal Reserve is highly likely, with a December rate cut also being the baseline scenario. The impact of this round of tariffs on inflation is likely to be relatively small overall but long-lasting, placing relatively limited constraints on Fed rate cuts. However, factors such as the ongoing government shutdown and the expiration of the DOGE buyout program are expected to impact the fragile US job market in the short term. The Fed needs to mitigate the risk of a further weakening of the job market. Therefore, Huatai Securities maintains its forecast for a Fed rate cut in both October and December.PANews reported on October 25th that according to Jinshi, Huatai Securities' research report stated that the US CPI slowed more-than-expected in September, primarily due to an unexpected slowdown in the rent component. While tariffs still contributed to some price increases, the magnitude was relatively modest. The housing component's impact contributed to the unexpected decline in inflation in September. Given the ongoing government shutdown and the overall cooling of the job market, an October interest rate cut by the Federal Reserve is highly likely, with a December rate cut also being the baseline scenario. The impact of this round of tariffs on inflation is likely to be relatively small overall but long-lasting, placing relatively limited constraints on Fed rate cuts. However, factors such as the ongoing government shutdown and the expiration of the DOGE buyout program are expected to impact the fragile US job market in the short term. The Fed needs to mitigate the risk of a further weakening of the job market. Therefore, Huatai Securities maintains its forecast for a Fed rate cut in both October and December.

                                                                               Rich Dad, Poor Dad author Robert Kiyosaki says he prefers accumulating gold, silver, oil, Bitcoin, and Ether, which he deems “hard money.”                     Rich Dad Poor Dad author Robert Kiyosaki, a strong proponent for Bitcoin, says it is “criminal” that kids are being taught from a young age to work for an inflationary currency while arguing the virtues of Bitcoin. “Go to school, get a job, work hard, save money, and invest in a 401(k) full of garbage,” Kiyosaki said during a podcast hosted by Bitcoin Collective Co-Founder Jordan Walker on Wednesday. Kiyosaki pulled no punches as he lambasted central banks, equating them to “criminal organizations” and even calling them “Marxists,” as he says that every time central banks print money, it makes the rich richer, while the other economic classes suffer.Read more