Traders See 90% Chance for September Fed Rate Cut After Mixed July CPI Results | COINDESK DAILY

Host Jennifer Sanasie breaks down the latest news in the crypto industry as U.S. inflation data for July came in mixed. U.S. inflation data for July came in mixed, with headline numbers better than forecast, but the core rate rising faster than expected. How will the result affect the Fed's decision on interest rates in September? CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.” - Midnight is introducing a novel approach to token distribution. The Midnight Glacier Drop is a multi-phase distribution of the NIGHT token, aimed at empowering a broad, diverse community to build the future of the Midnight network. Holders of ADA, BTC, ETH, SOL, XRP, BNB, AVAX and BAT are eligible to participate in the first phase. Help usher in the next generation of blockchain with rational privacy and cooperative tokenomics on the Midnight network. To learn more, visit midnight.gd and prepare for the Midnight Glacier Drop. - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.