According to Odaily Planet Daily, Federal Reserve Chairman Bostic stated that current inflation and employment risks are largely balanced, and the downside risks to employment have significantly diminished compared to before. However, inflation progress has stalled over the past two years, and the Fed still needs to remain vigilant, hoping to see clear evidence of inflation returning to the 2% target. Bostic believes the Fed does not need to cut interest rates at present and should remain on the sidelines and adopt a more patient approach to interest rates. Furthermore, he expects the impact of some tariff policies to continue until the first half of 2026. Regarding Warsh, Bostic said he doesn't know him well, but has heard he is "quite thoughtful." (Jinshi)

Huoxun Finance News, January 30th - According to Jinshi, Investec Chief Economist Philip Shaw stated that strong rumors circulated overnight that Warsh would succeed him, and related deals were largely completed last night. The next step will be to assess Warsh's stance on key issues such as interest rates and the balance sheet. He pointed out that the US fiscal situation is on an unsustainable path, and Warsh's appointment does not mean that Trump will not intervene in the Federal Reserve or other areas of government operations. Although the risk of a weaker dollar has decreased somewhat after today's announcement, risks still exist. Related reading: Kevin Warsh emerges as a frontrunner; why has this inflation hawk become a popular candidate for Fed Chair?

Odaily Planet Daily reports that Massachusetts Democratic Senator Elizabeth Warren expressed several concerns on Friday regarding Trump's decision to nominate Kevin Warsh. As the ranking Democrat on the Senate Banking Committee (and the first hurdle in Warsh's confirmation process), Warren questioned whether Warsh could lead the Federal Reserve without White House influence. "Trump has stated that anyone who disagrees with him cannot become Fed Chair," Warren said in a statement. "Former Fed Governor Kevin Warsh—who was more concerned with helping Wall Street than with millions of unemployed Americans after the 2008 financial crisis—has clearly passed the loyalty test." Warren called on Republicans to hold off on Warsh's nomination until the Justice Department concludes its investigation into current Chairman Jerome Powell. "Any Republican who claims to care about the Fed's independence should refuse to proceed with this nomination until Trump stops his 'political witch hunt' against current Fed Chair and Governor Lisa Cook," she stated. (Jinshi)

According to an official announcement, Bitget has launched USDT-based XPD perpetual contracts with leverage ranging from 1 to 100x. Contract trading bots will also be available simultaneously. Additionally, Bitget has launched MEGA pre-market contracts with leverage ranging from 1 to 5x. Users can trade through the official website or the Bitget app.

According to official news, OKX will launch ZAMA spot trading on February 2nd and convert pre-market contracts to standard perpetual contracts. ZAMA/USDT spot trading will open at 21:00 (UTC+8) on February 2nd, 2026; the ZAMA/USDT pre-market contract conversion will take place within 3 hours starting at 21:00 (UTC+8) on February 2nd, 2026. The contract conversion will be completed within this period, provided the index remains stable.