Former Fed governor Randy Kroszner flags growing trust deficit between central bank and consumers on inflation

The post Bitcoin price prediction July 2026: Fed decides appeared on BitcoinEthereumNews.com. Bitcoin closed the worst half-year in its recent history near $60,000, down from $93,000 in January and fresh off a 21-month low, and almost none of the damage came from crypto itself. The Federal Reserve and record ETF outflows did it, and the same two forces meet again at the July 28-29 policy meeting that will likely decide whether the bottom is in or another leg waits below. These are the levels, the scenarios, and the honest case on both sides. Summary Bitcoin enters July near $60,000, with the July 28–29 Fed meeting expected to determine whether the recent sell-off extends or a recovery begins. The main risks remain hawkish Fed policy and continued spot Bitcoin ETF outflows, while whale accumulation and an oversold market provide the strongest bullish arguments. Key levels to watch are $58,000 support and $63,800 resistance; a sustained return of ETF inflows could signal that a broader r

Bitcoin closed the worst half-year in its recent history near $60,000, down from $93,000 in January and fresh off a 21-month low, and almost none of the damage came from crypto itself. The Federal Reserve and record ETF outflows did…

The post a16z co-founder Marc Andreessen named to Federal Reserve AI task force appeared on BitcoinEthereumNews.com. Marc Andreessen, the co-founder of the venture capital firm Andreessen Horowitz (a16z), will help lead a new Federal Reserve task force focused on studying how artificial intelligence changes productivity and employment.  The Federal Reserve has launched four other similar initiatives and announced Andreessen’s appointment on July 9. How is AI changing the workplace? The Federal Reserve recently announced that Marc Andreessen, the co-founder of Andreessen Horowitz, will co-lead a panel called Productivity and Jobs alongside Charles I. Jones, a Stanford economics professor currently on leave at the AI company Anthropic, and Asha Sharma, who serves as Microsoft’s executive vice president and Xbox CEO.  The panel is one of five task forces created by Fed Chair Kevin Warsh to challenge how the central bank reaches monetary policy decisions. The other four groups will focus o

Persistent inflation due to global tensions and tech investments may deter crypto investments, as higher interest rates favor traditional assets. The post Federal Reserve blames tariffs, Iran conflict, and AI spending for persistent inflation surge appeared first on Crypto Briefing.

Rising memory prices could lead to sustained inflationary pressures, influencing Federal Reserve policy and impacting consumer electronics costs. The post Federal Reserve warns soaring memory prices will raise core PCE by 1% appeared first on Crypto Briefing.

Sharma's Fed role highlights AI's dual impact on productivity and job markets, influencing future monetary policy amid tech industry shifts. The post Xbox CEO Asha Sharma joins Federal Reserve AI task force after historic layoffs appeared first on Crypto Briefing.

The post Xbox CEO Joins Fed AI Jobs Task Force Days After Announcing 3,200 Layoffs appeared on BitcoinEthereumNews.com. In brief The Federal Reserve named Xbox CEO Asha Sharma to a task force studying AI’s impact on jobs and productivity. Sharma joins Marc Andreessen and Stanford economist Charles I. Jones on the Productivity and Jobs group. The appointment follows Xbox’s announcement that it will cut 3,200 roles as part of a major restructuring. Days after announcing the largest restructuring in Xbox history, CEO Asha Sharma has joined a Federal Reserve task force examining how artificial intelligence and other emerging technologies could reshape jobs, productivity, and the broader economy. On Thursday, the Federal Reserve said that Sharma will serve on its Productivity and Jobs task force, which will study the economic impact of new general-purpose technologies, including AI, as part of the central bank’s approach to monetary policy.  Sharma, who previously worked in Microsoft’s Cor

Asha Sharma will advise the Federal Reserve on AI’s impact on jobs and productivity as Xbox undergoes the biggest restructuring in its history.