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On May 5, Federal Reserve's Williams stated that inflation is expected to be 3% this year, with a return to the 2% target by 2027. The U.S. economic growth is projected to be between 2% and 2.25% this year. The unemployment rate is expected to remain around 4.25% to 4.50%. Tariffs and energy are the main drivers of inflation, while core inflation remains generally stable. The fact that inflation expectations are still under control is a positive signal.

[Fed's Williams: Inflation Expected at 3% This Year, Returning to 2% Target by 2027]On May 5, Federal Reserve's Williams stated that inflation is expected to be 3% this year, with a return to the 2% target by 2027. The U.S. economic growth is projected to be between 2% and 2.25% this year. The unemployment rate is expected to remain around 4.25% to 4.50%. Tariffs and energy are the main drivers of inflation, while core inflation remains generally stable. The fact that inflation expectations are still under control is a positive signal.

Fed's Williams: Inflation Expected at 3% This Year, Returning to 2% Target by 2027

On May 5, according to a report by Israel's public broadcasting corporation on May 4, Israel raised its alert level due to escalating tensions in the Gulf region. (Xinhua News Agency)

[Israel Raises Alert Level Amid Gulf Tensions]On May 5, according to a report by Israel's public broadcasting corporation on May 4, Israel raised its alert level due to escalating tensions in the Gulf region. (Xinhua News Agency)

Israel Raises Alert Level Amid Gulf Tensions

On May 5, U.S. Central Command Chief General Brad Cooper stated that Iran had attempted to interfere with commercial shipping by firing on vessels but was unsuccessful. The U.S. has eliminated six Iranian small boats that were trying to disrupt commercial shipping. He strongly advised Iranian forces to maintain a safe distance from U.S. military assets. The effectiveness of the U.S. military blockade against Iran has exceeded expectations.

[US Central Command Chief: Six Iranian Vessels Attempting to Disrupt Commercial Shipping Eliminated]On May 5, U.S. Central Command Chief General Brad Cooper stated that Iran had attempted to interfere with commercial shipping by firing on vessels but was unsuccessful. The U.S. has eliminated six Iranian small boats that were trying to disrupt commercial shipping. He strongly advised Iranian forces to maintain a safe distance from U.S. military assets. The effectiveness of the U.S. military blockade against Iran has exceeded expectations.

US Central Command Chief: Six Iranian Vessels Attempting to Disrupt Commercial Shipping Eliminated

SWTCH fluctuated by 55.44% within 24 hours, current price $0.004203

【SWTCH fluctuated over 50% in 24 hours!】SWTCH fluctuated by 55.44% within 24 hours, current price $0.004203

SWTCH fluctuated over 50% in 24 hours!

KIMA fluctuated by 50.0% within 24 hours, current price $0.002

【KIMA's 24-hour volatility exceeds 50%!】KIMA fluctuated by 50.0% within 24 hours, current price $0.002

KIMA's 24-hour volatility exceeds 50%!

genius Hits New High of 0.5492 USDT, Up -7.29% in 24H

【genius soared to 0.641 USDT, a new high with a 24-hour increase of -7.29%. It currently trades at 0.5492 USDT on HTX.】genius Hits New High of 0.5492 USDT, Up -7.29% in 24H

genius soared to 0.641 USDT, a new high with a 24-hour increase of -7.29%. It currently trades at 0.5492 USDT on HTX.

On May 5, Iranian state media quoted a senior Iranian military official stating that Iran has no plans to target the UAE.

[Iranian Officer: No Plans to Strike UAE]On May 5, Iranian state media quoted a senior Iranian military official stating that Iran has no plans to target the UAE.

Iranian Officer: No Plans to Strike UAE

BOBA fluctuated by 61.51% within 24 hours, current price $0.02583

【BOBA fluctuated over 50% in 24 hours!】BOBA fluctuated by 61.51% within 24 hours, current price $0.02583

BOBA fluctuated over 50% in 24 hours!

On May 5, German Vice Chancellor and Finance Minister Olaf Scholz called on US President Trump to honor the tariff agreement reached with the EU last summer. Scholz stated, "Europe keeps its promises, and now I hope the US will do the same. Increasing tariffs would harm businesses and jobs on both sides of the Atlantic." Meanwhile, Scholz made it clear that if Trump raises the tariff on EU car imports to the US from the previous 15% to 25%, the EU will retaliate. He emphasized that EU countries, including Germany, have a clear stance: "We do not wish for the situation to escalate, but we are also prepared to respond if it does." (CCTV News)

[German Vice Chancellor: EU Will Respond if US Imposes Tariffs]On May 5, German Vice Chancellor and Finance Minister Olaf Scholz called on US President Trump to honor the tariff agreement reached with the EU last summer. Scholz stated, "Europe keeps its promises, and now I hope the US will do the same. Increasing tariffs would harm businesses and jobs on both sides of the Atlantic." Meanwhile, Scholz made it clear that if Trump raises the tariff on EU car imports to the US from the previous 15% to 25%, the EU will retaliate. He emphasized that EU countries, including Germany, have a clear stance: "We do not wish for the situation to escalate, but we are also prepared to respond if it does." (CCTV News)

German Vice Chancellor: EU Will Respond if US Imposes Tariffs

On May 4, the Asian Development Bank announced on May 3 that it will provide $70 billion in funding for two new initiatives, the 'Pan-Asian Grid Initiative' and the 'Asia-Pacific Digital Highway,' by 2035. This funding aims to promote grid connectivity in the Asia-Pacific region, expand cross-border electricity trade, and improve broadband access conditions. (Dongxin News Agency)

[ADB to Provide $70 Billion Support for Two New Initiatives in Asia-Pacific]On May 4, the Asian Development Bank announced on May 3 that it will provide $70 billion in funding for two new initiatives, the 'Pan-Asian Grid Initiative' and the 'Asia-Pacific Digital Highway,' by 2035. This funding aims to promote grid connectivity in the Asia-Pacific region, expand cross-border electricity trade, and improve broadband access conditions. (Dongxin News Agency)

ADB to Provide $70 Billion Support for Two New Initiatives in Asia-Pacific

Diminishing Cycle Analysis That Forecasted Bitcoin Top Above $120,000 Has Set The Bottom Price

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SKYAI fluctuated over 50% in 24 hours!

ADB to Provide $70 Billion Support for Two New Initiatives in Asia-Pacific

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