Anthropic AI Oversight Board Adds Ben Bernanke, Who Oversaw 2008 Financial Crisis at Fed

Bernanke's appointment underscores the growing emphasis on ethical governance in AI, potentially setting a precedent for industry accountability. The post Anthropic appoints former Fed Chair Ben Bernanke to Long-Term Benefit Trust appeared first on Crypto Briefing.

Bernanke's appointment signals a strategic move to ensure robust economic oversight and ethical governance as AI's influence on global markets grows. The post Anthropic adds Ben Bernanke to its AI oversight board appeared first on Crypto Briefing.

The post Anthropic AI Oversight Board Adds Ben Bernanke, Who Oversaw 2008 Financial Crisis at Fed appeared on BitcoinEthereumNews.com. In brief Former Fed Chair Ben Bernanke joined Anthropic’s AI oversight board, which helps guide the company’s long-term strategy. The 2008 financial crisis veteran will advise on AI’s economic and societal impacts. Bernanke joins the board as investors debate whether surging AI valuations resemble past market bubbles. Former Federal Reserve Chairman Ben Bernanke, who led the U.S. central bank through the 2008 global financial crisis, has joined Anthropic’s independent oversight body, the AI giant announced Thursday. The Anthropic Long-Term Benefit Trust is supposed to ensure the company develops advanced AI for the long-term benefit of humanity. It has the power to appoint Anthropic board members, and advises the board and company leadership on decisions related to AI’s societal impact. Bernanke is now one of four members of the Trust. He joins social e

Kalshi's accurate rate forecasts could signal significant shifts in crypto market dynamics, urging investors to reassess risk strategies. The post Kalshi traders see 57% odds of Fed rate hike in 2026, and crypto markets should pay attention appeared first on Crypto Briefing.

Bernanke's involvement in Anthropic's trust highlights a shift towards integrating economic expertise in AI governance, potentially influencing future AI policy. The post Ben Bernanke joins Anthropic’s long-term benefit trust appeared first on Crypto Briefing.

The post Singapore Dollar: Upside risks building as USD stays firm – DBS appeared on BitcoinEthereumNews.com. DBS Group Research economist Eugene Leow warns that shorter-term Singapore Dollar (SGD) rates may face upside pressure despite recent flush liquidity. He notes SGD rates have decoupled from USD rates, with spreads stretched, while Fed hike expectations remain sticky and the USD strong. Leow highlights USD/SGD near 1.30 and Monetary Authority of Singapore (MAS) policy decisions as key factors for SGD rate repricing. Shorter-term SGD rates face upside risks “We continue to be wary about upside to shorter term SGD rates. Over the course of the past six quarters, market participants have gotten used to very flush SGD liquidity and persistent belief in USD weakness keeping frontend SGD rates low.” “In some ways, SGD rates appear decoupled from USD rates and the spread between the two has become even more stretched. There are some hints that risks to SGD rates may be biased to the up

The post Fed’s Williams: Inflation is still ‘far too high’ appeared on BitcoinEthereumNews.com. Federal Reserve (Fed) Bank of New York President John Williams said in the Future of Market Liquidity and Functioning Workshop in New York on Thursday that inflation remains “far too high,” while stressing that policymakers are actively debating different inflation scenarios as energy prices, artificial intelligence investment and productivity trends shape the outlook. Key takeaways: Inflation is still “far too high,” keeping the Federal Reserve focused on the risks to price stability. Markets still expect Oil prices to decline over the next six to 12 months. Monetary policy remains focused on how energy prices feed through into inflation. AI investment is currently driving inflation, adding to demand and cost pressure. The Fed is actively debating various inflation scenarios as uncertainty remains elevated. Williams said the latest Fed Minutes captured a “collective reaction function,” refl

The post AI markets bounced despite war risk – Can it hold? appeared on BitcoinEthereumNews.com. Markets had two problems to digest: the FOMC minutes and a fresh wave of war headlines. The first event may already have been priced in, as it is merely a summary of the previous Fed meeting – traders already knew the Fed was not rushing back into rate cuts. The bigger pressure came from renewed geopolitical risk, which pushed oil and yields back into focus and hit risk sentiment early in the session. Yet the AI markets have been recovering. That suggests that risks were largely priced in. Nasdaq/US two-year yield ratio is range-bound The cleaner chart is USTEC/US02Y on the 4H timeframe. It shows whether Nasdaq strength is improving relative to front-end yield pressure. The ratio bounced from the lower end of its recent range, but it is now reacting near the 100 EMA band. That makes the next move important. A push back above the range midline near 7,200 would suggest the AI bounce is gainin