Morgan Stanley expects the Federal Reserve to keep interest rates unchanged despite Chair Kevin Warsh’s hawkish Jackson Hole speech. The bank forecasts August core CPI to rise 0.23% month over month and core PCE to increase 0.20%, supporting a patient approach. PCE revisions could also lower annual core inflation to about 3.1% from 3.3%. Morgan Stanley sees Warsh’s rhetoric as preserving policy flexibility rather than signaling an imminent rate-hiking cycle.
Eli Ben-Sasson, Zcash co-founder and CEO of blockchain tech company Starkware, says he “feels on…
USDT0 is pushing deeper into cross-chain stablecoin infrastructure, with more than 80% of its USDT…
Ripple CEO Brad Garlinghouse says the simplest crypto strategy right now is straightforward, buy the…
The Ethereum price has cooled from $2,800 toward $2,660, but network activity isn't showing the…
Bitcoin slipped toward $83,800 this week. However, an analyst says there is no need to…
New York Attorney General Letitia James has sued Polymarket, accusing its U.S. business of running…
