The revised inflation measure may influence Fed rate decisions, potentially boosting markets, but its impact depends on Fed's interpretation.
The post Federal Reserve’s preferred inflation gauge is getting a methodology makeover, and the numbers will look better appeared first on Crypto Briefing.
Rising US-Iran tensions and Fed policy uncertainties may drive inflation concerns, impacting gold's safe-haven appeal and market dynamics.
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The post Markets Wait on Fed Minutes: What to Expect from Today’s Release appeared on BitcoinEthereumNews.com.
The Federal Reserve releases the minutes from its June 16-17 policy meeting on Wednesday at 2 p.m. ET. Investors hoping for clarity on a September rate hike may come away with less than they expect. Chair Kevin Warsh withheld his own rate projection this cycle. He also issued a policy statement of just 130 words that dropped forward guidance entirely. That leaves the minutes as the only detailed record of the committee’s internal debate. A Committee Split Between Hawks and Doves The FOMC held rates steady at 3.50% to 3.75% on June 17. That marked the fourth consecutive hold. Nine of 18 FOMC policymakers penciled in at least one 2026 hike. Warsh declined to submit a projection of his own. The committee met before the Bureau of Labor Statistics released its June payrolls report. That report showed just 57,000 new jobs, the weakest reading in four months. Any hawkish language in
Increased oil supply by 2026 may stabilize markets, potentially lowering prices and influencing global economic and geopolitical dynamics.
The post Global oil output to reach pre-Iran conflict levels by end of 2026: EIA appeared first on Crypto Briefing.
The post RBNZ hikes to 2.50% as Polymarket puts 2026 Fed hike at 49.5% appeared on BitcoinEthereumNews.com.
Ted Hisokawa
Jul 08, 2026 02:45
On July 8, 2026, New Zealand’s central bank lifted its policy rate 25 basis points to 2.50%, reinforcing that tightening cycles aren’t universally over.
RBNZ hikes to 2.50% as Polymarket puts 2026 Fed hike at 49.5% RBNZ Raises Rates to 2.50%: Polymarket Keeps “Fed Rate Hike in 2026” Near a Coin Flip at 49.5% Yes New Zealand’s central bank raised its benchmark interest rate by 25 basis points to 2.50%, a move that kept global rate-setter watchers focused on the persistence of tightening cycles. On Polymarket, odds on the Federal Reserve delivering a rate hike at some point in 2026 were priced at 49.5% at the latest update, with the market marginally favoring “No” at 50.5%. Key Takeaways Polymarket prices a 49.5% chance of a Fed rate hike in 2026, with “No” leading at 50.5%. Traders kept the contract near a coin flip as attention st
The post British Pound declines to near 1.3350 as US launches strikes on Iran appeared on BitcoinEthereumNews.com.
The GBP/USD pair loses traction to near 1.3355 during the Asian trading hours on Wednesday. The US Dollar (USD) edges higher against the British Pound (GBP) amid renewed geopolitical tensions after the US renewed strikes on Iran. The Federal Reserve’s (Fed) June meeting minutes will be published later on Wednesday. Washington unleashed a new wave of strikes against Tehran on Tuesday and revoked a license allowing the country to sell oil after three tankers were attacked in the Strait of Hormuz, per Reuters. Geopolitical fears surge following this headline, supporting the Greenback as a safe-haven asset. Westpac analysts said that concerns for the stability of the peace deal reemerged after Iran attacked ships crossing the Strait of Hormuz. “Concerns over the inflation outlook were in focus, seeing yields jump higher across the globe,” they wrote. The formal race to replace
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USD/CAD inches higher after registering minor losses in the previous day, trading around 1.4200 during the Asian hours on Wednesday. Traders are closely watching Wednesday’s release of the Federal Reserve Meeting Minutes, the first under newly appointed Chairman Kevin Warsh, for crucial clues regarding the future path of US interest rates. The USD/CAD pair advances as the US Dollar (USD) receives support from safe-haven demand amid renewed geopolitical tensions. However, the upside of the Greenback could be restrained due to cooling rate-hike expectations, a shift triggered by last week’s weaker-than-expected Nonfarm Payrolls (NFP) data. According to LSEG data, market pricing for total Fed rate increases by December has dropped to roughly 26 basis points, down significantly from the 38 basis points projected just a week ago. This shifting outlook is framed by recent commentary fr
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The EUR/USD pair defends the 1.1400 mark during the Asian session on Wednesday, though it struggles to attract any meaningful buyers on the back of renewed US-Iran hostilities. Traders also seem hesitant and opt to wait for FOMC Minutes for more cues about the Federal Reserve’s (Fed) policy path before placing fresh directional bets. The US military launched unleashed a new wave of strikes against Iran on Tuesday following reports of attacks on three oil tankers in the Strait of Hormuz, jeopardizing the already fragile ceasefire. Traders were quick to price in the geopolitical risk premium amid concerns about a further escalation of tensions, which is seen underpinning the safe-haven US Dollar (USD) and acting as a headwind for the EUR/USD pair. Meanwhile, the US also moved to withdraw a key concession that allowed Iran to sell oil on international markets, triggering a sharp r
Rising US-Iran tensions may drive oil prices up, potentially fueling inflation and influencing future Federal Reserve rate decisions.
The post Gold dips as US-Iran tensions boost oil prices, rate hike bets appeared first on Crypto Briefing.