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, phê duyệt theo quy định, ra mắt v4, thử nghiệm chia sẻ lợi nhuận: Đã đến lúc đánh giá lại Uniswap. Golden Finance, câu chuyện về Uniswap dường như đang bước vào giai đoạn tiếp theo.

Trong bối cảnh thị trường chứng khoán tăng trưởng mạnh, vàng, vốn từng rất được ưa chuộng trong năm nay, đang dần mất đi sự ưa chuộng.

Golden Finance đã ra mắt "Golden Web3.0 Daily" để cung cấp cho bạn những tin tức mới nhất và nhanh nhất về ngành MEME, DeFi, DAO, NFT và metaverse.

KYC, khi các công cụ KYT trở thành "hệ thống zombie": những gì bạn nghĩ là tuân thủ thực chất là một cái bẫy. Golden Finance, hãy vén bức màn bí mật và xem sự thật đằng sau hậu trường.

Không giống như việc token hóa cổ phiếu Hoa Kỳ nhằm mục đích chuyển chúng lên blockchain, các công ty cổ phiếu tiền điện tử đã thành công trong việc đóng gói token dưới dạng cổ phiếu và niêm yết công khai thông qua niêm yết cửa sau, tự biến mình thành niêm yết cửa sau và nắm giữ coin. Câu chuyện về vốn vẫn không thay đổi.

Thị trường tiền điện tử đang trải qua một sự bùng nổ chưa từng có, khi các nhà đầu tư ngày càng kêu gọi về một "thị trường tăng giá vĩnh cửu".

Hoa Kỳ đã gia hạn lệnh ngừng bắn thương mại 90 ngày với Trung Quốc, lùi thời hạn từ ngày 11 tháng 8 sang ngày 10 tháng 11 theo một sắc lệnh của tổng thống.

Trong đế chế kinh doanh tiền điện tử của gia đình Trump, một câu chuyện ít người biết đến đang nổi lên, và đằng sau đó là nhân vật Zhao Changpeng của Binance.

Vivopower International đã hợp tác với Crypto.com để quản lý danh mục tài sản kỹ thuật số đang phát triển của mình, bao gồm dự trữ XRP trị giá 100 triệu đô la. Sự hợp tác này sẽ cung cấp dịch vụ lưu ký, quyền truy cập giao dịch và các tùy chọn DeFi cấp độ tổ chức, giúp Vivopower tiếp cận 150 triệu người dùng của Crypto.com.

Vladimir Tenev là người đầu tiên phá vỡ mô hình phí của ngành môi giới tài chính và hiện đã tăng tài sản của mình gấp năm lần lên 6 tỷ đô la bằng cách tích cực áp dụng tiền điện tử.