The post Confirmed: ECB Accounts reveal growing concerns over inflation risks appeared on BitcoinEthereumNews.com.
The European Central Bank (ECB) released the accounts of its latest monetary policy meeting on Thursday, revealing growing concern among policymakers over persistent inflationary risks. The discussions show a consensus within the Governing Council that the risks surrounding the inflation outlook are skewed to the upside relative to the ECB staff’s baseline projections. The accounts indicate that headline inflation is expected to rise further over the summer and remain well above the 2% target through the first half of 2027. This outlook comes despite the projections already embedding almost three 25-basis-point interest rate hikes. Policymakers also noted that the outlook could prove even more challenging if energy prices do not decline in line with futures market expectations. Under that scenario, above-target inflation would likely become considerably more persistent. Th
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 Equities: Growth downgrades and rotation theme – BNY appeared on BitcoinEthereumNews.com.
BNY’s Geoff Yu notes the International Monetary Fund (IMF) has trimmed its 2026 global growth forecast to 3.0%, with uneven impacts across energy exporters, tech economies and low-income importers, influencing global equities. The disinflation trend appears stalled as headline inflation is projected to re-accelerate before easing. Yu sees markets wrestling with stretched valuations, fading momentum and a shift from acceleration to consolidation. IMF downgrades and stagflation concerns “The International Monetary Fund has inched its 2026 global growth forecast down again to a sluggish 3.0%. Growth is projected to rebound to 3.4% in 2027, but that is still below the average of 3.5% seen in 2024 and 2025.” “Global headline inflation is seen rising from 4.1% in 2025 to 4.7% in 2026 before easing to 3.9% in 2027, suggesting the disinflation trend has stalled.” “Stagflation risks remain in pro
Japan's failed yen intervention highlights the limits of monetary policy, potentially destabilizing global markets and boosting crypto appeal.
The post Japan’s $73 billion currency intervention fails to stabilize the yen, raising questions about macro spillovers into crypto appeared first on Crypto Briefing.
The post Czech Koruna: CNB alignment may weigh CZK against Euro – BNY appeared on BitcoinEthereumNews.com.
Geoff Yu at BNY Mellon highlights that Czech National Bank policy expectations have risen alongside the ECB, yet the Czech Koruna is sliding on a nominal effective basis. He argues that closely matching Eurozone tightening may amplify growth headwinds and that credible domestic stimulus could be rewarded in a market focused on structural growth. Risks from shadowing ECB “Smaller European economies integrated into the Eurozone supply chain often must move in line with the ECB. But aligning the domestic economy with sub-optimal policy, with or without a currency board, is also risky.” “The market has pushed up the Czech National Bank’s expected policy path as well, yet on a nominal effective exchange rate (NEER) basis, CZK is drifting back toward the lows of the year. While it’s easy to blame the recent fall in inflation for turning policy expectations around, the sharp rise in poli
AI-driven inflation could necessitate higher interest rates, impacting economic growth and potentially altering investment strategies.
The post Federal Reserve Bank of New York president warns AI demand could drive inflation appeared first on Crypto Briefing.
The post Fed: Divergent inflation paths shape rate outlook – Societe Generale appeared on BitcoinEthereumNews.com.
Societe Generale’s Jan Groen notes that the June Federal Open Market Committee (FOMC) minutes confirmed a hawkish hold, with the Summary of Economic Projections (SEP) showing an even split between members favoring unchanged or lower rates and those preferring hikes. The Fed sees inflation as too high and the labor market as durably stable, but is divided on how long elevated inflation will persist, which drives differing policy rate views. Committee split on inflation persistence “We had a hawkish hold at the June FOMC meeting with the June update of the SEP indicating an even split between Committee members that wanted to keep rates on hold or cut vs. members who wanted to raise rates.” “Today’s release of the minutes of that meeting did not contain any major surprises and it confirmed the hawkish undertone from the post-meeting communications.” “Where there was disagreem
Prolonged inflation control efforts may sustain pressure on risk assets, affecting investment strategies and economic growth projections.
The post Federal Reserve’s Williams emphasizes restoring inflation to 2% target, signaling prolonged pressure on risk assets appeared first on Crypto Briefing.
The inflation data gap suggests potential misalignment in monetary policy, impacting economic decisions and highlighting data modernization needs.
The post Truflation’s real-time CPI index reads 1.82% while BLS reports 4.20%, revealing a massive inflation data gap appeared first on Crypto Briefing.
