US June ISM manufacturing index declines to 53.3 as prices drop sharply

Anthropic's Mythos 5 and Fable 5 are back online Wednesday after the company said it had productive conversations with the US government. Kevin Warsh makes his first public appearance as Federal Reserve chairman. And shares of Meta rise after news that the company is building out a new cloud business.

Persistent overestimation of Fed rate hikes could lead to market volatility and misaligned investment strategies amid potential rate cuts. The post Fed rate hike overestimation persists despite potential cuts: Bloomberg appeared first on Crypto Briefing.

Warsh's commitment to Fed independence may stabilize markets but could strain relations with the White House amid differing economic priorities. The post Federal Reserve Chair Kevin Warsh vows no changes to Fed independence appeared first on Crypto Briefing.

Bitcoin has climbed back above $60,000 after Federal Reserve Chair Kevin Warsh declined to signal the direction of future interest rate decisions during an ECB policy discussion. According to data from crypto.news, Bitcoin (BTC) traded around $60,175 at the time…

The Fed's reliance on the dot plot amid potential policy shifts could heighten market volatility, impacting both traditional and crypto assets. The post Federal Reserve’s Warsh confirms continued use of dot plot for economic forecasting appeared first on Crypto Briefing.

The ruling reinforces the Fed's independence, allowing it to focus on economic challenges without political interference, but future legal shifts could alter this balance. The post Fed’s Warsh says central bank will uphold its mandate after Cook ruling appeared first on Crypto Briefing.

Persistent inflation and geopolitical tensions may hinder economic growth, influencing Federal Reserve's interest rate decisions and investor sentiment. The post US manufacturing activity eases in June as prices remain stubbornly elevated appeared first on Crypto Briefing.

Market reassessment of Fed rate cuts highlights potential shifts in monetary policy interpretation amid economic and geopolitical factors. The post US 2-year Treasury yield hits session low after ISM data, Warsh comments appeared first on Crypto Briefing.