A Fed official struck a somewhat hawkish tone 🗣️! Richmond Fed President Barkin said demand is strong and inflation stubborn, making the broad direction of monetary policy clear—but policymakers still need to proceed cautiously.
Many businesses are facing a pileup of costs: insurance, fuel, logistics, chips—you name it, prices are rising. They’re now planning to pass those costs on to consumers, who are more accepting of price increases than they used to be. That makes it hard for inflation to come down quickly.
Interestingly, people may say they lack confidence, but they haven’t stopped spending. He also mentioned AI’s risks on both sides: if it falls short of expectations, investment could take a hit; if it develops too quickly, it could disrupt jobs. Either way, there are hidden risks.#加密市场24小时清算达11.6亿美元
Many businesses are facing a pileup of costs: insurance, fuel, logistics, chips—you name it, prices are rising. They’re now planning to pass those costs on to consumers, who are more accepting of price increases than they used to be. That makes it hard for inflation to come down quickly.
Interestingly, people may say they lack confidence, but they haven’t stopped spending. He also mentioned AI’s risks on both sides: if it falls short of expectations, investment could take a hit; if it develops too quickly, it could disrupt jobs. Either way, there are hidden risks.#加密市场24小时清算达11.6亿美元