Three Fed Officials Say Inflation Should Have Prompted Higher Rates
Situational Awareness crashed 67% in July, liquidating to Citadel, while Coinbase swung to a loss with Q2 revenue down 19%—signaling the end of AI-bet euphoria. Elevated Fed rates compress startup runway and capex; consolidation pivots to cybersecurity (BofA-MDSec) and defensible stacks over hype-driven investments.
Three Fed Officials Say Inflation Should Have Prompted Higher Rates
One of the central bankers, Minneapolis Fed President Neel Kashkari, said a series of rate increases might be necessary.
NatWest Raises Guidance, Brings Forward Buyback Announcement Plans
The lender reported a 29% rise in pretax profit as it completed the acquisition of wealth manager Evelyn Partners.
Financial Services Roundup: Market Talk
Two Fed Officials Say Inflation Should Have Prompted Higher Rates
Fed Officials Flagged Risks That Would Warrant Higher Rates
Fed Officials Flagged Risks That Would Warrant Higher Rates
NatWest Raises Guidance and Brings Forward Share-Buyback Plans
Fed's Waller: Inflation Risks Mean Fed Should No Longer Signal Cuts
Fed Officials Flagged Risks That Would Warrant Higher Rates
