Morning News List of important developments overnight on September 19
21:00-7:00 Keywords: Federal Reserve, Powell, Mizuho Bank, Louisiana,
1. The Federal Reserve cuts interest rates by 50 basis points to start the interest rate reduction cycle;
2. The Louisiana government in the United States now accepts bitcoin payments.
3. SEC Chairperson: Cryptocurrency "so-called" exchanges must follow the rules;
4. Mizuho Bank partners with Fujitsu to use blockchain to simplify the issuance of carbon credits.
5. Hemi Labs raised $15 million in financing, led by Binance Labs;
6. Federal Reserve Dot Chart: The Federal Reserve expects the federal funds rate to be 4.4% by the end of 2024.
7. The first ETF to support 2x long/short MicroStrategy shares will be listed on Cboe BZX.
8. JPMorgan Chase, UBS and others joined the Bank for International Settlements' blockchain-based cross-border transfer reform plan;
9. Federal Reserve Chairperson Powell: If appropriate, the Federal Reserve can accelerate, slow, or pause interest rate cuts.