Market Analysis: A weak dollar exacerbates inflation concerns
Apollo analyst Torsten Slok wrote that the upward pressure on US inflation comes not only from tariffs and immigration restrictions, but also from ongoing US dollar depreciation. He said the US dollar has already depreciated by nearly 10% this year, and the Federal Reserve's US economic model found that a 10% depreciation leads to a 0.3% increase in the inflation rate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP Update Today: Institutional Embrace of Blockchain Accelerates as Crypto Markets Remain Flat
- Calastone partners with Polygon to tokenize fund distribution for 4,500 institutions, leveraging sub-cent fees and instant settlements to bridge traditional finance and blockchain. - XStocks achieves $10B trading volume in tokenized stocks (e.g., Nvidia , Amazon), reflecting rising demand for fractionalized ownership and programmable assets. - Canary Capital’s XRP ETF gains automatic SEC approval, signaling growing institutional acceptance of altcoins amid broader crypto ETF regulatory shifts. - Polygon’
Ethereum News Update: SharpLink's Cryptocurrency Gamble Yields $104M in Profits, Surpassing Expectations
Hassett’s Perspective on the Fed: Bold Rate Reductions or Fundamental Overhaul
- Kevin Hassett, Trump's top economic adviser, proposes Fed chairmanship with plans to cut interest rates and restructure the central bank's research and communication strategies. - He advocates reducing Fed staff influence and adopting top-down decision-making, aligning with Trump's skepticism of institutional expertise while claiming nonpartisan leadership. - Hassett warns a 40-day government shutdown risks pushing Q4 GDP negative, emphasizing fiscal-monetary coordination amid economic uncertainty and st
AAVE Rises 0.86% as Large Investors Accumulate and Aave Founder Criticizes BoE
- AAVE rose 0.86% in 24 hours to $205.44 amid whale accumulation and regulatory scrutiny, despite 32.98% annual declines. - Major on-chain actors borrowed $180M+ from Aave to purchase 388,615 ETH ($1.32B), leveraging DeFi protocols for ETH accumulation. - Whale strategies maintain 2.1 leverage ratios, while backtests show Aave whale activity correlates weakly with sustained AAVE price gains. - Analysis suggests whale accumulation may signal distribution or liquidity provision rather than bullish price mome
Trending news
MoreCrypto prices
More
