Federal Reserve Chairman Austan Goolsbee expressed fresh concerns over services sector inflation, even as headline price growth has moderated in recent months. Speaking after the latest Consumer Price Index (CPI) release, Goolsbee noted that while overall inflation has been mild for several months, the services category remains “worrying.”Inflation BreakdownHeadline CPI: Mild inflation for several months.Services CPI: Latest data shows a notable uptick, raising concerns about persistent price pressures in labor-intensive industries such as housing, health care, and transportation.Policy ImplicationsGoolsbee’s comments could signal caution within the Fed ahead of the September 16–17 FOMC meeting. Persistent services inflation often reflects deeper wage and cost pressures, making it harder to bring overall inflation back to the Fed’s 2% target.Hawkish Tilt Possible: If services prices remain elevated, the Fed may delay further rate cuts.Market Reaction: Treasury yields edged higher, while the dollar’s earlier losses slowed. Risk assets such as equities and crypto saw muted gains on the remarks.Why It Matters for MarketsEquities: Higher-for-longer rates could slow momentum in growth stocks.Crypto: Persistent inflation risks could keep the Fed cautious, tempering bullish sentiment driven by recent CPI moderation.Forex: The dollar may find short-term support if rate cut expectations fade.

The U.S. dollar index (DXY) fell 0.26% on Wednesday to close at 97.839, as both the euro and British pound gained ground amid shifting currency market sentiment.At the New York FX close, the euro traded at $1.1700, up from $1.1669 the previous day. The British pound climbed to $1.3567 from $1.3496.Against other major currencies:Japanese yen: $1 = 147.44 yen (down from 147.73)Swiss franc: $1 = 0.8056 francs (down from 0.8074)Canadian dollar: $1 = 1.3771 CAD (down from 1.3777)Market DriversThe dollar’s decline comes as traders weigh mixed U.S. economic data and potential Federal Reserve policy shifts. Softer inflation expectations and dovish signals from some Fed officials have pressured the greenback, while stronger European economic sentiment has supported the euro and pound.Implications for TradersForex Markets: The DXY’s drop below 98 could open the door for further short-term weakness, particularly if upcoming U.S. economic releases underperform.Commodities: A weaker dollar often supports commodity prices, especially gold and oil, by making them cheaper for non-U.S. buyers.Crypto: Bitcoin and Ethereum could see renewed buying momentum as dollar weakness tends to boost risk assets.

Chicago Federal Reserve President Austan Goolsbee voiced concerns Tuesday about the potential inflationary impact of tariffs and uncertainty over the U.S. labor market’s direction. Speaking ahead of the Sept. 16–17 Federal Open Market Committee (FOMC) meeting, Goolsbee left the door open to adjusting policy sooner if the jobs picture worsens.“If the job market deteriorates, a rate cut will be inevitable,” he said, stressing that any move will require “a series of positive inflation data.”Currently, the Fed has seen only two months of moderating inflation, while the latest CPI report shows a worrying uptick in services inflation — a key area of concern for policymakers.Key TakeawaysTariffs and Inflation: Goolsbee said he cannot be certain tariffs won’t push up inflation, suggesting trade policy risks could influence the Fed’s path.Labor Market Watch: While not convinced of current deterioration, he indicated a weakening labor market would trigger rate cuts.Policy Windows: All Fed meetings this fall remain potential “windows” for adjustments.September in Focus: Markets will closely watch jobs data and August CPI for clues on the Fed’s stance before the September meeting.Market ImplicationsBond Market: Continued uncertainty may keep Treasury yields volatile until clearer labor market or inflation trends emerge.Equities: A potential dovish pivot this fall could boost growth stocks, but sticky services inflation may temper optimism.Crypto: Digital assets like Bitcoin and Ethereum could benefit from any dovish Fed shift, particularly if it weakens the U.S. dollar.

Goldman Sachs expects the U.S. Federal Reserve to cut interest rates twice in 2026, with each move reducing the federal funds rate by 25 basis points. This would bring the terminal interest rate to a range of 3.00%–3.25%.The investment bank’s macro research team cited moderating inflation pressures and a slowing labor market as key drivers for additional easing, following cuts expected later in 2025.Market ImplicationsEquities & Risk Assets: Lower borrowing costs could support U.S. equities, tech growth stocks, and high-risk assets like cryptocurrencies.Dollar Index (DXY): Rate cuts may weaken the U.S. dollar, potentially boosting commodities and emerging market currencies.Crypto Markets: Historical data shows Bitcoin and Ethereum often benefit from a looser monetary environment, with institutional inflows increasing during easing cycles.

null source: https://x.com/BTC_Archive/status/1955744856040407153

The analysts give a base case for CRCL of $84 and bear case of $40 through 2027, down from Wednesday's closing price of $153. 16. source: https://www.theblock.co/post/366852/circle-faces-medium-term-risks-from-slow-usdc-growth-rising-distribution-costs-mizuho?utm_source=rss&utm_medium=rss

Major U. S. banking trade groups are calling for Congress to block stablecoin issuers and affiliated firms from paying interest to token holders, warning that the practice could drain deposits from banks and reduce lending to households and businesses. In a joint statement published recently, organizations including the American Bankers Association, Bank Policy Institute, Consumer Bankers Association, […] source: https://cryptonews.com/news/genius-act-banking-groups-seek-stablecoin-yield-curb/

Crypto market players have collectively reacted positively to reports that President Trump is clearing the pathway for crypto and private equity in 401(k)s. source: https://zycrypto.com/ether-xrp-solana-cardano-doge-shiba-inu-could-see-12-trillion-in-inflows-heres-why/

Bitcoin set another all-time high at $123,231 after US Consumer Price Index data showed July inflation was unchanged month-on-month and up 2. 7% year-on-year. source: https://cointelegraph.com/news/bitcoin-hits-record-high-liquidations-propel-btc-125k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The network is facing competition from next-generation layer-1 blockchains and layer-2 networks from within its own ecosystem. source: https://cointelegraph.com/news/eth-transaction-count-rising-5k-push-competition-erodes-fees?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Uniswap V4,监管放行、v4 上线、分成实验：是时候重估 Uniswap 了 金色财经,Uniswap 的故事，似乎正在进入下一个阶段。

在股市走势强劲背景下，曾在年内大热的黄金正逐渐失宠。

金色财经推出《金色Web3.0日报》，为您提供最新、最快的MEME、DeFi、DAO、NFT和元宇宙行业新闻。

KYC,当KYT工具成为“僵尸系统”：你以为的合规 其实是个陷阱 金色财经,掀开幕布，看看后台的真相。

与要把美股搬到链上的美股代币化不同，币股企业，成功的将代币以股票的形式进行包装，借壳上市化身借壳持币，其中换汤不换药的，还是资本的叙事。

加密货币市场正处于前所未有的繁荣期，投资者对“永恒牛市”的呼声愈发响亮。

The United States has extended its 90-day trade truce with China, pushing the deadline from August 11 to November 10 under a presidential decree.

​在特朗普家族的加密货币商业帝国中，一个鲜为人知的故事正在浮出水面，这背后竟是币安赵长鹏的身影。

Vivopower International has partnered with Crypto.com to manage its growing digital asset portfolio, including a \$100 million XRP reserve. The collaboration will provide institutional-grade custody, trading access, and DeFi options, giving Vivopower exposure to Crypto.com’s 150 million users.

弗拉基米尔·特内夫（Vladimir Tenev）先是颠覆了金融券商行业的收费模式，如今又靠积极拥抱加密货币使身家增长五倍，至60亿美元。