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The Fed’s next leader needs a complete picture of what A.I. will do to the economy.
Read full articleKevin Warsh won Senate confirmation to the Fed board, clearing a key step toward replacing Jerome Powell as Fed chair. The post Kevin Warsh wins Senate approval, moves closer to Fed chair role as Powell prepares Friday exit appeared first on Crypto Briefing.
Persistent inflation and oil disruptions complicate monetary policy, potentially delaying economic growth and impacting future rate cuts. The post US inflation as oil disruptions impact Fed rate cut outlook appeared first on Crypto Briefing.
The post Canadian Dollar declines after strong US inflation data reinforces hawkish Fed outlook appeared on BitcoinEthereumNews.com. USD/CAD trades with a positive tone on Tuesday as a stronger US Dollar (USD) offsets support from elevated Oil prices for the Canadian Dollar (CAD). At the time of writing, the pair is trading around 1.3715, hovering near its highest level since April 16. The Greenback extends its intraday advance after US inflation data came in hotter than expected. Data released by the Bureau of Labor Statistics showed the headline Consumer Price Index (CPI) rose 0.6% MoM in April after increasing 0.9% in March, in line with market expectations. On an annual basis, inflation accelerated to 3.8% from 3.3% previously, exceeding forecasts of 3.7%. Meanwhile, core CPI, which excludes volatile food and energy prices, rose 0.4% MoM, up from 0.2% in March and above expectations of 0.3%. Annual core inflation climbed to 2.8% from 2.6%, also exceeding forecasts of 2.7%. The data
The bond market turmoil may hinder the Fed's ability to cut rates, impacting economic stability and fiscal policy effectiveness in 2026. The post US bond market turmoil raises doubts over Fed rate cuts in 2026 appeared first on Crypto Briefing.
Warsh's pro-Bitcoin stance may reshape monetary policy, impacting inflation control and crypto markets, with potential long-term crypto benefits. The post US Senate set to finalize nomination of pro-Bitcoin Kevin Warsh as next Fed Chair appeared first on Crypto Briefing.
Bitcoin showed fresh signs of volatility as US CPI inflation saw new multiyear highs on oil price hikes thanks to the US-Iran war.
The heightened Fed rate hike odds could strain global markets, impacting risk assets and economic stability amid geopolitical tensions. The post Fed rate hike odds surge amid Iran-US conflict and inflation concerns appeared first on Crypto Briefing.
The US-Iran conflict exacerbates inflation, potentially leading to tighter Fed policies, impacting global economic stability and market dynamics. The post US-Iran conflict impacts Fed rate cut expectations amid rising inflation appeared first on Crypto Briefing.
