Atlanta Federal Reserve President Raphael Bostic said on Nov. 1 that a December interest rate reduction remains undecided, Jin10 reports. Speaking at a Dallas Fed conference, Bostic emphasized each meeting involves live decision-making based on incoming data rather than a preset path. He noted Fed Chair Jerome Powell's clarification during this week's policy meeting—that a December cut is not guaranteed—was appropriate given the range of views in the dot plot projections.

The U.S. Court of Appeals for the Tenth Circuit ruled 2-1 in favor of the Federal Reserve on Nov. 1, denying Custodia's petition to compel the central bank to grant it a master account, crypto journalist Eleanor Terrett reports. The decision upholds the Fed's authority in the dispute with the digital asset bank.

Overnight index swap data show the probability of a Federal Reserve rate cut in December has fallen to around 50%, Jin10 reports on Oct. 31. The swap market pricing reflects shifting expectations for monetary policy action at the Fed's final meeting of the year.

Federal Reserve Bank of Dallas President Lorie Logan said on Oct. 31 the Fed should not reduce rates this week or in December, Jin10 reports. Logan noted the labor market remains generally balanced and requires no immediate support, while inflation appears likely to persist above the 2% target for an extended period. She stated she would find it difficult to support a December reduction without clear evidence of faster-than-expected inflation decline or labor market cooling. Logan, who does not hold a voting position on the Federal Open Market Committee this year, cited data from private sector sources, state unemployment claims, and the Fed's business and community networks as indicators showing the overall situation is far from concerning.

U.S. Treasury Secretary Scott Bessent held discussions with Singapore's Prime Minister on Oct. 31 regarding the adoption of dollar-denominated stablecoins, Jin10 reports. The dialogue centered on the implementation and regulatory framework for USD-backed digital assets. No further details on specific policy measures or timelines were disclosed.

Federal Reserve official Logan said on Oct. 31 that another rate reduction in December would be challenging, Jin10 reports. Logan added the Fed may need to purchase assets if repo rates remain elevated.

Federal Reserve official Schmid said on Oct. 31 that interest rate cuts may call into question the Fed's commitment to its 2% inflation target, Jin10 reports. Schmid characterized the labor market as broadly balanced while noting inflation remains elevated.

Singapore authorities issued prohibition orders on assets exceeding S$150 million (approximately RMB 800 million) connected to Chen Zhi and associates of Cambodia's Huione Group, Caixin reported on Oct. 31. The seized assets include six properties and financial holdings such as bank accounts, securities accounts, and cash. The enforcement follows mid-October charges filed by U.S. and U.K. authorities against Chen Zhi, the alleged leader of a large-scale transnational fraud operation, along with the seizure of approximately $15 billion worth of Bitcoin in his possession. Singapore police said Chen Zhi and his associates are not currently in Singapore, and the investigation remains ongoing.