Fed Rate Hike Threatens Housing as U.S. Growth Leans on AI, Citi Says 
MSTR Stock Rises 3% as Strategy Challenges MSCI Bitcoin Stance 
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
AI Agents Could Disrupt Financial Services, Bernstein Says 
High Rates Weigh on U.S. Home Improvement Demand 
OKXICE Files for 24/7 Tokenized US Stock Trading 
Citi Raises Bitcoin Target to $113,000 as Crypto Outlook Improves 
Weekly Crypto Pulse: $528M ETF Inflows Meet a Cooling US Economy 
Stellar Leads RWA Tokenization Growth With $36.4M Inflow 
Cardano ADA Jumps 10% as RealFi and Dijkstra Upgrade Fuel Rally 
Bitcoin Exchange Reserves Hit Multi-Year Low at 2.68 Million BTC 
BOJ Signals Faster Rate Hikes as Inflation Risks Grow 
Add as a preferred source on Google
Don't doubt it, you are reading it right. Recent financial market turmoil, dented confidence so much that some big names in the industry going further to doubting rate hike from US Federal Reserve next month to call for further stimulus from US Federal Reserve.
Lawrence Summers, former US treasury secretary and a favorite to become FED Chair, before Janet Yellen stole the spot says it would be serious error for FED to hike rates and it should even consider raising bond buying program.
Similarly, Ray Dalio, a respected hedge fund manager wrote to clients that next big move from FED will be to ease rather than tightening. Mr. Dalio is the manager of world's largest hedge fund.
As of now, it looks very unlikely that FED will shift stance and move to QE4, it clearly shows that how financial turmoil of few weeks can change perception. It looks like, expectation for a hike in September has been dented severely.
It would be ever more important to watch out for FOMC officials' view over current turmoil as it could easily set the mood for Dollar going ahead.
