Federal Reserve's Hammack: Latest inflation data meets expectations

[U.S. President Trump Plans to Convene Refiners and Retailers Next Week to Discuss Lowering Gasoline Prices] According to Jinshi Data, U.S. President Trump is expected to convene a meeting with American refiners and fuel retailers next week to discuss measures to reduce domestic gasoline prices.

[Collins: Rising U.S. Treasury Yields Do Not Indicate Inflation Expectations Heating Up] According to Jinshi Data, Federal Reserve Governor Collins stated that the recent rise in U.S. Treasury yields is still consistent with a price stability environment, and fluctuations in interest rate levels do not indicate that market inflation expectations are increasing.

Collins said that the latest PCE report has not changed the basic judgment, and the current monetary policy is still restrictive and will gradually push inflation back.

According to BlocksBridge, a 23% increase in Bitcoin drove up the stock prices of Canaan, American Bitcoin, and Cango by up to 67%, outperforming some AI infrastructure stocks. （Cointelegraph）

Mark Cuban suggests that chips may be the new cryptocurrency, while Pierre Rochard suggests that AI is a rich technology and Bitcoin is based on scarcity. （CoinDesk）