[IMF Says U.S. Inflation Nearing Fed's 2% Target but Faces Upside Risks]
The International Monetary Fund stated that U.S. inflation is moving toward the Federal Reserve's 2% target, but tariffs and other factors pose upside risks.
[Federal Reserve Harker: Counting All Treasury Holdings Will Take a Long Time]
Federal Reserve's Harker stated that completing the count of all Treasury holdings will require a considerable amount of time.
[Federal Reserve's Harker Expects Inflation to Exceed 2% Target in the Next 2-3 Years]
Federal Reserve's Harker stated that inflation is expected to remain above the 2% target level over the next 2-3 years.
Kathy Wood's Ark Investment Company purchased approximately $30 million worth of stock as the stock price of stablecoin issuer Circle continued to decline. (Decrypt)
The current total market value of cryptocurrencies is 3.49 trillion US dollars, with a 24-hour evaporation of 78.663 billion US dollars, a decrease of 2.19%. Among them, Bitcoin accounts for 56.55% of the market value, while Ethereum accounts for 11.29% of the market value.