Golden Morning News | Overview of Important Overnight Developments on October 1st

[Golden Morning News | Important Overnight Updates on October 1] 21:00-7:00 Keywords: Fed, interest rate cuts, Brian Quintenz

1. The Fed agreed to ease Morgan Stanley's capital requirements;
2. The probability of the Fed cutting interest rates by 25 basis points in October rises to 96.2%;
3. The U.S. government may shut down, and the approval of new crypto ETFs may be temporarily hindered;
4. The White House withdraws the nomination of Brian Quintenz for the position of chairman of the CFTC.
5. The U.S. Senate rejected the Democratic government's funding bill, and the federal government may shut down;
6. The SEC has notified employees to prepare for possible shutdowns.
7. The SEC allows registered investment advisors to use state trust companies to custody cryptocurrency assets;
8. Fed's Logan: Inflation rate could reach 2.4%, driven by non-housing services.