Fed’s Hammack urges more tightening as inflation squeezes households

Cleveland Fed President Beth Hammack said she is hearing that lower-income US citizens are struggling with inflation, which reaffirms her remarks three days ago that “she is hearing early warning signs of a possible problem with inflation expectations.”

South Korea Import Price Growth (YoY) climbed from previous 15.6% to 17.6% in September

South Korea Export Price Growth (YoY) declined to 40.9% in September from previous 42.4%

Ethereum reclaims $2,400 as PPI hits 6.3% and yields fall

Ethereum (ETH) is back above $2,400 on Thursday, rebounding from a brief decline toward $2,340, which was sparked by an upside surprise in the US wholesale inflation report.

US inflation surges, but falling Treasury yields raise questions for the Nasdaq

The latest US economic data has delivered another inflation surprise. Producer prices increased sharply in September, while retail sales came in above expectations. However, the underlying figures suggest that consumer spending may be losing some momentum.

VanEck withdraws SEC registration for its Lido Staked Ethereum ETF

VanEck told the SEC it does not intend to proceed with the planned distribution of its Lido Staked Ethereum ETF shares, without giving a reason.

The post VanEck withdraws SEC registration for its Lido Staked Ethereum ETF appeared first on Forex Crunch.

FSB chair Bailey warns stablecoin crisis rules untested ahead of G20

FSB chair Andrew Bailey warns stablecoin crisis-management frameworks are untested under stress and cross-border cooperation is immature, days before the 15 October G20 meeting.

The post FSB chair Bailey warns stablecoin crisis rules untested ahead of G20 appeared first on Forex Crunch.

TD Cowen: CFTC crypto rules face race against 2028 election clock

TD Cowen says the CFTC's leveraged-crypto framework may not be finalised until early 2028, exposing it to the next administration.

The post TD Cowen: CFTC crypto rules face race against 2028 election clock appeared first on Forex Crunch.

ESMA gives EU crypto firms three months to unwind non-MiCA stablecoin exposure

ESMA has told national regulators to make MiCA-licensed firms resolve EU clients' exposure to non-compliant stablecoins within roughly three months, by about 8 January 2027.

The post ESMA gives EU crypto firms three months to unwind non-MiCA stablecoin exposure appeared first on Forex Crunch.

Circle’s USDC earnings are really a bet on US interest rates

Circle's Q2 2026: USDC moved $14.8 trillion on-chain, up 151% year over year, yet 95% of Circle's $701.3 million revenue came from reserve interest, mostly US Treasuries.

The post Circle’s USDC earnings are really a bet on US interest rates appeared first on Forex Crunch.