Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
Wrapped SOL 
USDC 
Lido Staked Ether 
TRON 
Dogecoin 
More from NY Fed Pres. Williams:Large AI investments in US are affecting global demand for capitalPeople don’t like high inflationGetting inflation to 2% as soon as we can is right2% inflation target is a very good compromise, serves us wellPowerful that everyone knows Fed’s inflation targetIndependence of Fed is incredibly importantEvidence is compelling that independent central banks make unpopular short-term decisions that pay offLoss of central bank independence has had horrible consequences for inflation in other countriesIf Fed gets it right, that’s good for global economy.AI is the next stage in advances in productivity growth. There will be some issues with AR regarding labor market
This article was written by Greg Michalowski at investinglive.com.
💡 DMK Insight
Fed President Williams’ comments on inflation and AI investments are crucial for traders right now. His emphasis on a 2% inflation target signals a commitment to monetary stability, which could influence interest rates and market liquidity. If the Fed maintains this target, we might see a stronger dollar, impacting forex pairs like EUR/USD and GBP/USD. Additionally, the mention of AI investments affecting global capital demand hints at a potential shift in asset allocation, as sectors tied to technology could see increased volatility. Traders should watch for any shifts in market sentiment around inflation data releases and Fed announcements, particularly in the coming weeks as we approach key economic indicators. On the flip side, if inflation remains stubbornly high, the Fed might have to adjust its strategy, which could lead to unexpected market reactions. Keep an eye on the 2% inflation benchmark and how it correlates with asset performance, especially in tech and capital-intensive sectors.
📮 Takeaway
Watch the 2% inflation target closely; any deviation could trigger volatility in forex and tech stocks, especially around upcoming economic data releases.
