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Jin10 data on July 3rd, the director of the Federal Housing Finance Agency (FHFA) Pulte called for Congress to investigate Federal Reserve Chairman Powell, claiming his recent testimony about the renovation plan of the Federal Reserve headquarters in the Senate was "deceptive." Pulte stated: "I request Congress to investigate Powell, examine his political bias and the deceptive Senate testimony - these are sufficient to constitute 'just cause' for his dismissal." Pulte's report on this matter was retweeted by Trump, who claimed Powell should resign immediately. Previously, media reports indicated that the cost of the Federal Reserve headquarters renovation project has been rising continuously and includes multiple luxury designs. Last week at the Senate hearing, Powell refuted some of the claims in the reports, stating they were "misleading and untrue in many aspects."
According to Jin10 data on July 3rd, the probability of the Federal Reserve keeping interest rates unchanged in July is 74.7%, while the probability of a 25 basis point rate cut is 25.3%. The probability of the Federal Reserve maintaining interest rates in September is 7.6%, the cumulative probability of a 25 basis point rate cut is 69.7%, and the cumulative probability of a 50 basis point rate cut is 22.8%. The US "little non-farm" data released on Wednesday evening unexpectedly recorded a negative value, and the US non-farm employment data will be released on Thursday evening.
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A certain whale has closed its 10x ETH short order, losing 3.27 million USD. According to Golden Finance reports and monitoring from Onchain Lens, a certain whale address has closed its 10x ETH short position, incurring a loss of 3.27 million USD. In the last two ETH transactions, this whale has lost a total of 6.83 million USD.