The post Federal Reserve Inflation AI Drives Rate Hike Debate appeared on BitcoinEthereumNews.com.
The Federal Reserve’s June meeting minutes landed with a clear, if uncomfortable, message: AI-driven demand is now officially on the Fed’s inflation watchlist, and it’s complicating an already fractious internal debate over the future of interest rates. The release of those minutes Wednesday marked a turning point — not just in how the central bank frames inflation, but in how markets now read the odds of a rate hike before year-end. Key takeaways The Fed held rates steady at 3.5%–3.75% at its June 16-17 meeting, but nine of 18 voting members project at least one hike before end of 2026. The Fed’s year-end PCE inflation forecast jumped sharply from 2.7% to 3.6%, reflecting persistent price pressures. Officials directly cited AI infrastructure demand — through higher semiconductor, energy, and data center costs — as a driver of core goods inflation. CME FedWatch now puts the probability of
The post AI Policy Questions That Congressional Lawmakers Should Know And Be Prepared To Discuss appeared on BitcoinEthereumNews.com.
Congressional lawmakers need to be ready to discuss the top AI policy questions of our times. getty In today’s column, I examine crucial AI policy questions that congressional lawmakers ought to be readily familiar with and be ready to discuss. These AI policy questions apply to the interests and considerations of all members of Congress. I say that because concerns about AI previously were primarily confined to lawmakers from tech-related constituencies, but that’s not the case anymore. AI was likely to be narrowly pertinent to congressional members from tech-oriented locations or who had a tech-related background. AI has become an across-the-board and top-of-mind topic that all lawmakers have some involvement with or stake in. Even if a lawmaker hasn’t initiated a particular bill about AI, the odds are that they will serve on a committee encompassing A
HPE's AI-driven growth highlights the transformative impact of AI on tech infrastructure, signaling a shift in market dynamics and investment focus.
The post Hewlett Packard Enterprise’s backlog nears $6B amid AI spending surge appeared first on Crypto Briefing.
The post Virginia Man Loses $9,888 After Hackers Access His Wells Fargo Account, Transfer Funds to China appeared on BitcoinEthereumNews.com.
Virginia Man Loses $9,888 After Hackers Access His Wells Fargo Account, Transfer Funds to China – The Daily Hodl
No Result View All Result Source: https://dailyhodl.com/2026/07/09/virginia-man-loses-9888-after-hackers-access-his-wells-fargo-account-transfer-funds-to-china
The post Federal Reserve Minutes Reveal AI Boom Sparking Inflation Worries and Rate Hike Possibilities appeared on BitcoinEthereumNews.com.
Key Takeaways Federal Reserve policymakers identify AI infrastructure expansion as a significant contributor to inflationary pressures through elevated semiconductor, energy, and data center expenses Interest rates remained unchanged at 3.5%–3.75% during June’s policy meeting under new Chair Kevin Warsh Half of the 18 voting committee members anticipate at least one rate increase by the conclusion of 2026 Market expectations show a 69.5% probability of unchanged rates at the upcoming July 29 decision, declining from 80% the previous week Prediction markets indicate a 59% likelihood of a rate adjustment this year, influenced by escalating U.S.-Iran geopolitical risks Central bank officials found themselves at odds during their June policy gathering regarding the appropriate path forward for interest rates. Documents released on Wednesday revealed th
A Spotsylvania, Virginia, resident says hackers initiated an unauthorized wire transfer to steal nearly $10,000 from his retirement savings held at Wells Fargo. Jesse Combs, a longtime Wells Fargo customer, says he had never experienced a security issue with his account until May 29th, when he received an email notifying him that a $9,888 wire […]
The post Virginia Man Loses $9,888 After Hackers Access His Wells Fargo Account, Transfer Funds to China appeared first on The Daily Hodl.
The post Crypto Protocols Must Reaudit Old Smart Contracts, Experts Warn appeared on BitcoinEthereumNews.com.
Blockchain security experts are urging crypto protocols to reaudit their smart contracts as AI tooling is making it easier for hackers to identify vulnerabilities more quickly than ever before. “Our data argues for continuous review rather than a one-time audit,” TRM Labs head of policy Ari Redbord told Cointelegraph, adding that “attack techniques are moving faster than a single audit from launch day can account for.” “An audit built for last year’s attack patterns leaves a protocol exposed to this year’s as bad actors are changing up.” CertiK reported Monday that hackers stole another $1.32 billion in the first half of 2026 and have adopted increasingly sophisticated strategies in response to strengthened security measures across the industry. One of those strategies has been to revisit old codebases, CertiK said, adding that the attacker’s efforts have likely been “aided by
