Fed likely to maintain restrictive policy amid inflation concerns, Collins says

Persistent inflation and geopolitical tensions may lead to prolonged high interest rates, impacting economic growth and financial market stability. The post Fed’s Collins warns inflation to persist, no rate cuts expected through 2026 appeared first on Crypto Briefing.

KLP ($110B fund) raised MSTR shares 10% to 104,680. Stake now worth $20.5M at $196/share. Prefers indirect BTC via listed firms like MSTR. KLP Kapitalforvaltning AS just announced a major institutional change. The largest pension fund in Norway increased its exposure to the main global Bitcoin treasury proxy.  The decision signals increased demand for digital […] The post Norway Pension Giant Expands Bet on Bitcoin Treasury Company appeared first on Live Bitcoin News.

The post Why is bitcoin down today: Hotter-than-expected inflation data knocks BTC below $80,000 appeared on BitcoinEthereumNews.com. U.S. producer prices for April came in far hotter than expected on Wednesday, complicating the Federal Reserve’s path forward to ease monetary policy later this year. The April Producer Price Index rose 1.4% month-over-month, nearly triple economists’ expectations for a 0.5% increase. Annual producer inflation accelerated to 6%, while core PPI excluding food and energy climbed 1% on the month and 5.2% year-over-year, both well above forecasts. The report reinforced that inflation is reaccelerating after Tuesday’s consumer price index (CPI) rose 3.8% year-over-year, the hottest inflation reading in almost three years. Bitcoin (BTC), which traded above $81,000 overnight, quickly dropped below the key $80,000 level in the minutes following the release before recovering slightly. The largest cryptocurrency was recently changing hands just above $80,000, down

A stronger-than-expected U.S. inflation print has complicated the Federal Reserve’s policy outlook, with markets rapidly repricing the likelihood of rate cuts this year after April’s Producer Price Index (PPI) came in at 1.4%. A stronger-than-expected U.S. inflation print has complicated…

A potential BOJ rate hike could tighten global liquidity, impacting yen carry trades and causing volatility in crypto and speculative markets. The post Bank of Japan signals potential rate hike next month over inflation risks appeared first on Crypto Briefing.

Persistent inflationary pressures may lead to prolonged high interest rates, impacting economic growth and investment strategies. The post Wall Street inflation fears rise as CPI hits highest since 2022 appeared first on Crypto Briefing.

The post US Dollar: Hot CPI keeps Fed cautious – Danske Bank appeared on BitcoinEthereumNews.com. Danske Research Team highlights that United States (US) Consumer Price Index (CPI) data showed strong core and services inflation, reinforcing concerns about persistent underlying price pressures. Shelter and super-core components rose, while core goods remained flat. They note markets will watch upcoming PPI data to see if it confirms similar momentum and keeps the Federal Reserve (Fed) cautious. Services and shelter drive CPI higher “In the US, April PPI data is due for release. Yesterday’s CPI print showed sticky monthly services and super-core inflation, reinforcing concerns around persistent underlying price pressures. Markets will watch whether PPI confirms similar price momentum.” “Headline inflation rose 0.6% m/m SA, in line with expectations, while core inflation was stronger than expected at 0.4% m/m SA (cons 0.3% m/m). Shelter rose 0.6% m/m and “super-core” (core services ex she

The US Senate Banking Committee’s crypto market structure push is running into a dense wall of amendments ahead of Thursday’s markup, with lawmakers filing more than 100 proposed changes to the CLARITY Act. The amendment rush puts stablecoin rewards, crypto firms’ access to the Federal Reserve system and even the use of digital assets for […]