Welcome to the US Crypto News Morning Briefing, your go-to source for the latest in crypto. The financial landscape is increasingly volatile due to rising inflation, political maneuvering, and market unease. As the Federal Reserve (Fed) maintains its current stance, speculation arises that significant changes may stem from Donald Trump rather than economic data. Recent reports show the Fed's preferred inflation measure, the Core PCE Price Index, increased by 0.2% month-over-month and 2.7% year-over-year, slightly exceeding expectations. Meanwhile, personal income and real spending have both declined, indicating a softening economy. Amid these developments, Trump’s potential influence over the Fed is causing market turmoil, with the US dollar hitting a three-year low. Trump has criticized Fed Chair Jerome Powell, suggesting he may seek a more compliant replacement. As inflation rises and consumer spending wanes, concerns grow that monetary policy could be swayed by political loyalty rather than economic rationale. Stay tuned for more updates in the crypto space. Read more AI-generated news on: https://app.chaingpt.org/news