"New Bond King" Gundlach: We believe that there will be a 150 basis point interest rate cut in the future, which will definitely be realized in a year.

According to The Verge: Reddit CEO says Microsoft needs to pay for search sites.

Billionaire Bill Ackman abruptly withdraws Pershing Square US Fund IPO.

Federal Reserve Chairman Powell: We are just following the latest developments and are currently assessing what is happening, nothing more.

Federal Reserve Chairman Powell: The Federal Reserve does not have the authority to issue central bank digital currency (CBDC). It does not seek authorization to issue central bank digital currency.

Federal Reserve Chairman Powell: Central bank digital currency was not mentioned at the meeting.

Federal Reserve Chairman Powell: No one can have a clear vision of the future.

Federal Reserve Chairman Powell: We must remain humble in providing forward guidance.

Federal Reserve Chairman Powell: The probability of a hard landing of the economy is "very low."

Federal Reserve Chairman Powell: The time for a rate cut is approaching, and it may happen in September.

The Dominican Republic kept its benchmark interest rate unchanged at 7.00%.

Federal Reserve Chairman Powell: We will never try to make policy decisions based on the results of an election that has not yet occurred.

Federal Reserve Chairman Powell: Anything we do before, during, or after the election will be based on the data and the balance of risks.

Federal Reserve Chairman Powell: We never use our tools to support or oppose any politician or party.

Federal Reserve Chairman Powell: We will not change our policy based on the political calendar.

Federal Reserve Chairman Powell: Absolutely believe that the (potential) rate cut in September should be non-political.

Federal Reserve Chairman Powell: We have not made any decisions about future meetings.

Federal Reserve Chairman Powell: There are some signs of weakness in the economy, but the overall situation is not bad.