Federal Reserve Schedules AI Hearing in San Francisco
The Federal Reserve will host an AI hearing in the San Francisco Bay Area on November 16, 2026, to discuss the economic impacts of the technology.

The Federal Reserve will host an AI hearing in the San Francisco Bay Area on November 16, 2026, to discuss the economic impacts of the technology.

U.S. online retail sales grew 8.2% year-over-year in September as consumers increasingly turned to credit card installments to manage discretionary spending amid persistent inflation.

Rising US inflation and interest rate concerns triggered an $80 billion selloff in AI infrastructure stocks on October 14, 2026.

Bitcoin fell to $80,154 as the South Korean KOSPI index hit its lowest close since April amid a broader tech sell-off and rising US inflation concerns.

Bank of England Deputy Governor Sarah Breeden highlighted the UK economy's unexpected resilience to energy shocks, while warning that inflation risks could still necessitate higher interest rates.

Bitcoin dropped to $80,979 following higher-than-expected US inflation data, pushing the price below the average cost basis for spot ETFs.

Markets now assign a 24.9% probability to a 25 basis point Fed rate hike in October following a stronger-than-expected inflation report.

Bitcoin dropped below $81,000 as a global sell-off triggered by U.S. inflation data impacted both cryptocurrency markets and Asian stock indices.

US markets saw their sharpest selloff since July as inflation data exceeded expectations, causing significant declines in AI infrastructure and Bitcoin mining stocks.

Federal Reserve officials have identified the surge in AI infrastructure investment as a major driver of US inflation, projecting that the 2 percent target will not be met until 2029.
The KOSPI index dropped 7.28% following higher-than-expected US inflation data and growing skepticism regarding the AI sector.

US inflation data for September 2026 triggered a selloff in AI stocks and Asian markets, as expectations for Federal Reserve rate hikes increased to 37-49%.

Bitwise CIO Matt Hougan argues that Bitcoin is poised for long-term appreciation regardless of whether the economy faces an AI-driven boom, a recession, or moderate growth.

The S&P 500 and Nasdaq saw their sharpest decline since July on October 14, 2026, as higher-than-expected inflation data triggered a sell-off in AI infrastructure stocks.

Oracle shares fell 7% to $133 following a higher-than-expected inflation report, as rising interest rate concerns and client revenue revisions pressured AI infrastructure firms.

Richmond Fed President Thomas Barkin warns that the massive AI investment cycle is not sustainable indefinitely and is now a key factor in monetary policy and inflation.

Bitcoin fell to $81,500 as higher-than-expected US inflation data increased expectations for Federal Reserve interest rate hikes and triggered massive liquidations.

US inflation reached 3.7% in September, exceeding forecasts and triggering a brief decline in the prices of Bitcoin and gold.

Chicago Fed President Austan Goolsbee warns that the AI investment boom may fuel persistent inflation, complicating future interest rate policy.

Bitcoin price shows recovery signs as market sentiment shifts to neutral ahead of upcoming US inflation data and continued ETF outflows.
