Bank of Korea signals rate hikes as inflation overshoots, and Korea’s massive crypto market should pay attention

The post China’s CPI inflation falls to 1.0% YoY in June, vs 1.1% expected appeared on BitcoinEthereumNews.com. China’s Consumer Price Index (CPI) climbed 1.0% in June from a year ago after arriving at a rise of 1.2% in May, the National Bureau of Statistics of China reported on Thursday. The market consensus was for 1.1% in the reported period. Chinese CPI inflation arrived at -0.3% MoM in June versus a decline of 0.1% prior, softer than the expectation of a 0.2% fall. China’s Producer Price Index (PPI) rose 4.1% YoY in June, following a 3.9% increase in May. The data came in line with the market consensus. Market reaction to China’s CPI, PPI data The China-proxy Australian Dollar (AUD) edges slightly lower following the China’s CPI and PPI data. At the press time, the AUD/USD pair is down 0.01% on the day to trade at 0.6927. Australian Dollar FAQs One of the most significant factors for the Australian Dollar (AUD) is the level of interest rates set by the Reserve Bank of Australia (R

BOJ's potential rate hikes could disrupt global financial markets, impacting risk assets like Bitcoin due to changing capital flows. The post Bank of Japan may accelerate rate hikes to combat inflation, and Bitcoin holders should pay attention appeared first on Crypto Briefing.

The post Federal Reserve Flags Inflation Risks After June Rate Hold appeared on BitcoinEthereumNews.com. Federal Reserve policymakers signaled that inflation remains a major concern despite keeping interest rates unchanged during their June meeting. Fresh meeting minutes revealed that officials debated several policy paths as economic uncertainty continued.  Besides persistent tariff effects, policymakers identified strong artificial intelligence investment and geopolitical tensions in the Middle East as additional inflation drivers. Consequently, investors now await upcoming economic data because future interest rate decisions remain highly dependent on inflation trends and broader market conditions. Officials Weigh Different Policy Paths Chairman Kevin Warsh led his first policy meeting on June 16-17, where officials agreed to maintain the federal funds rate between 3.5% and 3.75%. However, members expressed different expectations for the remainder of 2026.  Many anticipated stable o

The post Gold declines below $4,100 as US–Iran tensions revive inflation worries, Fed rate hike bets appeared on BitcoinEthereumNews.com. Gold price (XAU/USD) declines to around $4,075 during the early Asian session on Thursday. The precious metal extends its downside as US President Donald Trump said the ceasefire with Iran has ended, stoking concerns that a renewal of war could again drive inflation and push up interest rates. Reuters reported on Thursday that Trump stated that an interim agreement aimed at ending the conflict with Iran was “over.” Additionally, US President threatened to bomb Iran for a second day and reimpose the US naval blockade in retaliation for attacks on tankers transiting the Strait of Hormuz. “The main factor for today’s move is the increased escalation in tensions between the U.S. and Iran, with a potential ceasefire over, we’ve seen risk assets across the board trade lower, gold included,” said David Meger, director of metals trading at High Ridge Futures

The breach of the ceasefire risks escalating regional tensions, potentially destabilizing energy markets and impacting global economic stability. The post US strike on Iranian airport kills firefighter, raising fears of ceasefire collapse and crypto market volatility appeared first on Crypto Briefing.

The post Fed Minutes Flag AI Demand as Inflation Risk as Rate Hike Remains on the Table appeared on BitcoinEthereumNews.com. The latest Fed minutes have highlighted the risk that AI demand could have on inflation as the Fed continues to hold rates steady. The minutes also signaled that a hike is still on the cards if inflation remains elevated and fails to fall to the 2% target. Fed Minutes Flag Inflation Risk Driven By AI Demand The Federal Reserve minutes from the June FOMC meeting highlighted multiple scenarios regarding the outlook for monetary policy. Most participants pointed to scenarios in which the labor market remains stable while inflation remains elevated due to strong AI-related demand, the Middle East conflict, or the effects of tariffs. In such scenarios, almost all of the participants indicated that some policy firming would be necessary to return to their 2% target. Furthermore, the Fed minutes showed that most participants commented on scenarios in which inflationary

AI-driven inflation risks could lead to prolonged high interest rates, impacting economic growth and dampening risk asset attractiveness. The post Federal Reserve cites AI demand as inflation risk in latest minutes appeared first on Crypto Briefing.

The post Thai Baht: Range-bound after inflation data against dollar – Commerzbank appeared on BitcoinEthereumNews.com. Commerzbank’s Charlie Lay highlights that USD/THB edged higher as Thai inflation data support a steady policy stance. Lay links the move to expectations that the Bank of Thailand (BoT) will keep interest rates on hold at 1% through at least the next meeting. USD/THB trading near range highs “Thailand’s headline inflation eased for a second consecutive month in June to 2.4% yoy (Bloomberg consensus: 2.7%) from 2.8% in May. It remained comfortably within the Bank of Thailand’s (BoT) 1-3% target range. Year-to-date, it averaged 1.1%. Inflation has picked up steadily since April after posting negative readings from April 2025 to March 2026.” “It is expected to stay above 2% in the coming months and possibly throughout the second half, aided by the lower base last year. Food prices held steady at 1% yoy, at the same pace as May. Non-food prices moderated to 3.3% vs 4% previ