Preview: U.S. initial unemployment claims data for last week to be released tonight, expected at 215,000.

Moody's Chief Economist: Continued Blockade of the Strait of Hormuz Would Make US Economic Recession Inevitable

Moody's economists warn that a blockade of the Strait of Hormuz would worsen the U.S. economic outlook, making recession difficult to avoid. The current recession probability has reached as high as 49% and is expected to exceed 50%. Unlike the past, the U.S. economy lacks post-pandemic stimulus support, employment data is weak, and future growth may be only 0.7%.

Trump Intensifies Pressure on Fed, Demanding "Immediate" Rate Cuts

Trump is calling for the Federal Reserve to immediately convene a special meeting to cut rates, emphasizing that now is the time for action and noting that lower interest rates would help reduce national debt servicing costs and stimulate the economy. Despite his pressure, market expectations for this rate cut remain low, as the Federal Reserve faces challenges from inflation and rising oil prices and may not quickly adjust policy. The crypto market has already priced in expectations of no rate cut, with focus shifting to the Federal Reserve's future policy direction.

Macro Analysts Warn of Private Credit Crisis, Bitcoin May Become Top Safe-Haven Choice

As artificial intelligence intensifies its impact on software revenue, the private credit market faces mounting pressure with default rates climbing to 5.8%. Analysts warn that additional monetary expansion may be necessary, while Bitcoin has emerged as a hedging tool for investors, with its appeal growing amid uncertainty. The market needs to monitor developments in private credit dynamics and the impact of policy adjustments on Bitcoin's price.

U.S. Treasury Conducts $15 Billion Bond Buyback Today, Setting Historic Record for Largest Scale

Gate News reported that on March 17, the U.S. Department of the Treasury will execute a $15 billion Treasury buyback (the government repurchasing bonds it has issued to regulate market liquidity), surpassing last week's $14.7 billion and becoming the largest Treasury buyback program in history.

SEC Plans to Cancel Quarterly Earnings Report System: US Stock Transparency May Be Reshaped, Bitcoin and Ethereum Face New Variables

The US SEC plans to abolish the requirement for listed companies to publish quarterly financial reports, replacing it with two reports per year, expected to be implemented in April 2026. This measure may lower compliance costs for companies but has also sparked controversy, as it could increase information asymmetry and market volatility, affecting stock and digital asset markets.

Trump Pressures Federal Reserve for Emergency Rate Cut: Interest Rate Policy Becomes Market's Biggest Variable

Trump renews calls for Fed rate cuts and convenes "special meeting," drawing market attention. Against a backdrop of diverging inflation and employment data, the Federal Reserve faces policy trade-offs. Geopolitical risks push energy prices higher, affecting future rate decisions. Markets await policy guidance following the Fed meeting.