Federal Reserve meeting minutes: Further rate cuts may increase the risk of high inflation
ChainCatcher news, according to Golden Ten Data, the minutes of the Federal Reserve meeting showed that most participants pointed out that further interest rate cuts could increase the risk of entrenched high inflation, or be misinterpreted as a lack of commitment by the Federal Reserve to achieving the 2% inflation target.
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Report: Solidigm, a subsidiary of SK Hynix, may launch its IPO in the US as early as next year with a possible valuation of up to 150 billions dollars
According to media reports, Solidigm's potential valuation could reach up to $150 billions, with a fundraising target of $15 billions, making it likely to become the largest IPO in the history of the U.S. semiconductor industry. This week, Solidigm has held bidding meetings with several investment banks for IPO underwriting, marking a substantial step forward in the listing process. Solidigm's main business focuses on NAND flash memory and solid-state drives, with clients including CoreWeave and Dell.
WTI November crude oil futures closed at $92.41 per barrel.
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