Zelenskiy’s chief of staff warns against repeating 1994 Budapest mistake

Fed minutes show inflation fears outweigh jobs; tariffs spark debate. Asset valuations also a concern.

Tech stocks shed 0.7% as AI valuations face scrutiny; S&P 500 dips 0.2%. Retailers mixed.

Fed minutes show tariff inflation fears trumped job growth concerns. Markets price 81% chance of Sept. rate cut.

Tariffs at 9% avg. defy inflation fears, but retailers absorbing costs may hike prices later. Watch for gradual impact.

Tariffs hike costs 20%, but importers shift sourcing, lowering actual rates to 9%. Profit margins squeezed, expect price hikes soon.

BTC & ETH dip then recover post-Fed minutes. Dissenting governors favor rate cuts, potentially boosting crypto. Inflation at 2.7%.

MSTR & COIN drop 20%/27% monthly, underperforming BTC/ETH. Macro fears hit crypto equities hard.