Crypto Investor Dan Tapiero Sees AI-Blockchain Crossover Fueling Next Big Wave

[Federal Reserve Collins: Monetary Stimulus May Impact Inflation Returning to Target] Federal Reserve's Collins stated that further monetary stimulus could slow down or even hinder the process of inflation returning to 2%.

[Federal Reserve's Collins: No Consideration of Easing Policy Without Labor Market Deterioration] Federal Reserve's Collins stated that if the labor market does not show significant deterioration, there is no willingness to further ease policy. She believes it is prudent to ensure inflation sustainably returns to the 2% target before further rate cuts.

[Federal Reserve's Collins Says Rate Cuts Require High Threshold Conditions] Federal Reserve's Collins stated that rate cuts require meeting 'high threshold' conditions.

[Dow Jones hits record high at U.S. stock market close, AMD rises 9%] U.S. stocks closed on Wednesday, with the Dow Jones initially up 0.68%, hitting a new intraday high; the S&P 500 index edged up, while the Nasdaq fell 0.26%. Airline stocks broadly rose, with United Airlines up 5%. AMD rose 9%, Oracle fell nearly 4%. The Nasdaq Golden Dragon China Index closed down 1.46%, Tencent Music fell 8%, and Alibaba fell nearly 2%.

[Federal Reserve's Collins Says Interest Rates May Stay at Current Levels for Some Time] Federal Reserve's Collins stated that the Fed is likely to keep interest rates at their current levels for some time.