The Fed chair reiterated the central bank's commitment to its 2% inflation target while signaling artificial intelligence could reshape the economy and monetary policy.

Fed's Warsh signals a potential rate hike in 2026 if inflation stays high. Inflation at 3.8% in June priced at 46.7% YES.

The Fed chair reiterated the central bank's commitment to its 2% inflation target while signaling artificial intelligence could reshape the economy and monetary policy.

Gold prices rebounded roughly 2% to around $4,090 after Fed Chair Kevin Warsh signaled inflation risks have cooled, lifting Bitcoin above $60,000 as well.

Bitcoin rose more than 4% to trade above $61,000, its strongest level in over a week, after Fed Chair Kevin Warsh said inflation risks had eased. A 7.9% drop in South Korea's…