Former Fed governor Randy Kroszner flags growing trust deficit between central bank and consumers on inflation

The post Taiwan Dollar: CBC inflation risks support against US Dollar – Commerzbank appeared on BitcoinEthereumNews.com. Commerzbank’s report on Taiwan notes that stronger inflation, with core CPI at 2.5%, is likely to push the CBC towards a more hawkish stance, including a possible 12.5 bp hike in H2. Despite robust AI-driven exports and firm domestic demand, USD/TWD has risen to 32.19, though analysts expect a potential pullback once seasonal dividend outflows fade. Hawkish CBC and AI-led growth “Taiwan’s June inflation surprised on the upside, with headline CPI rising to 2.6% yoy from 2.2% in May. This was the fastest pace since January 2025 and well above the Central Bank of the Republic of China’s (CBC) informal 2% threshold. Higher fuel, gas and electricity costs were the main drivers, but services inflation remained firm at 2.9% vs 2.5% previously.” “While lower oil prices should help moderate headline inflation in the coming months, the pickup in core inflation will be a concer

The post Forecasting the upcoming week: US CPI and Warsh testimony to test the Dollar’s recovery appeared on BitcoinEthereumNews.com. The upcoming week will bring a major test for the US Dollar (USD), with investors focusing on the United States Consumer Price Index (CPI), Federal Reserve (Fed) Chair Kevin Warsh’s congressional testimony and a broad set of activity indicators. China’s second-quarter Gross Domestic Product (GDP) and the Bank of Canada’s (BoC) interest-rate decision will also attract significant attention. The US Dollar Index (DXY) trades near 101.00, recovering from a one-week low hit earlier on Friday as investors balance softer recent labor market data against renewed geopolitical uncertainty and persistent inflation concerns. Tuesday’s US CPI report will be the central event for the Greenback. Headline CPI is expected to decline 0.1% MoM in June, following a 0.5% increase in May, while annual inflation previously stood at 4.2%. Core CPI is forecast to rise 0.3% MoM,

Reversing rate cuts could destabilize markets, increase borrowing costs, and pressure non-yielding assets like cryptocurrencies globally. The post Expert warns Federal Reserve may reverse rate cuts that stabilized economy appeared first on Crypto Briefing.

The post Bitcoin price prediction July 2026: Fed decides appeared on BitcoinEthereumNews.com. Bitcoin closed the worst half-year in its recent history near $60,000, down from $93,000 in January and fresh off a 21-month low, and almost none of the damage came from crypto itself. The Federal Reserve and record ETF outflows did it, and the same two forces meet again at the July 28-29 policy meeting that will likely decide whether the bottom is in or another leg waits below. These are the levels, the scenarios, and the honest case on both sides. Summary Bitcoin enters July near $60,000, with the July 28–29 Fed meeting expected to determine whether the recent sell-off extends or a recovery begins. The main risks remain hawkish Fed policy and continued spot Bitcoin ETF outflows, while whale accumulation and an oversold market provide the strongest bullish arguments. Key levels to watch are $58,000 support and $63,800 resistance; a sustained return of ETF inflows could signal that a broader r

Bitcoin closed the worst half-year in its recent history near $60,000, down from $93,000 in January and fresh off a 21-month low, and almost none of the damage came from crypto itself. The Federal Reserve and record ETF outflows did…

The post a16z co-founder Marc Andreessen named to Federal Reserve AI task force appeared on BitcoinEthereumNews.com. Marc Andreessen, the co-founder of the venture capital firm Andreessen Horowitz (a16z), will help lead a new Federal Reserve task force focused on studying how artificial intelligence changes productivity and employment.  The Federal Reserve has launched four other similar initiatives and announced Andreessen’s appointment on July 9. How is AI changing the workplace? The Federal Reserve recently announced that Marc Andreessen, the co-founder of Andreessen Horowitz, will co-lead a panel called Productivity and Jobs alongside Charles I. Jones, a Stanford economics professor currently on leave at the AI company Anthropic, and Asha Sharma, who serves as Microsoft’s executive vice president and Xbox CEO.  The panel is one of five task forces created by Fed Chair Kevin Warsh to challenge how the central bank reaches monetary policy decisions. The other four groups will focus o

Persistent inflation due to global tensions and tech investments may deter crypto investments, as higher interest rates favor traditional assets. The post Federal Reserve blames tariffs, Iran conflict, and AI spending for persistent inflation surge appeared first on Crypto Briefing.

Rising memory prices could lead to sustained inflationary pressures, influencing Federal Reserve policy and impacting consumer electronics costs. The post Federal Reserve warns soaring memory prices will raise core PCE by 1% appeared first on Crypto Briefing.