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On October 31, Peter Cardillo, chief market economist at Spartan Capital Securities, said that hints that inflation could rise further were largely confirmed in today's data, and the tricky part here is the core PCE. this means that the Federal Reserve is likely to pause on rate cuts at its next meeting. It is more likely than ever that the Fed will pause in cutting rates. Consumption remains strong and we've seen that in other macro indicators. We're at a point where the economy is running pretty well, but inflation remains an issue and core PCE continues to be somewhat on the high side. That's a concern, and it means the Fed could pause on rate cuts next week.

12:00-21:00 Keywords: blackRock, CZ, Crusoe Energy, Sky 1. BlackRock increased its holdings of 12,127 bitcoins again; 2. the number of first-time jobless claims in the U.S. last week was 216,000; 3. cz debuts on the main stage of coin blockchain week, making his first public appearance since his release; 4. ai startup Crusoe Energy is raising $500 million at a $3 billion valuation; 5. CoinShares: Bitcoin mining costs hit $49,500, a record high; 6. the founder of Sky: plans to make an additional proposal to change the core token to a strictly deflationary one.