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According to Dynasty Beating monitoring, the White House's emergency ban on the Fable 5 and Mythos 5 models has caused a significant upheaval within Anthropic. Internal chat records revealed by The New York Times show a sense of panic within Anthropic, with the private chats of 3,000 employees exploding and the management at a loss after receiving a last-minute takedown order from the White House with only 90 minutes to comply. Employees are deeply concerned that the sudden technology ban could completely derail the company's planned IPO scheduled for later this year.In leaked employee chats, there is extreme confusion among employees about the White House's back-and-forth stance between "national security" and "security vulnerabilities" in the takedown directive. Some engineers, in a tone of helplessness, jokingly asked if they were being "bullied by the White House on a hunch." Another employee pessimistically stated that the government's regulatory crackdown raises doubts about whether the White House actually "wants Anthropic to continue to exist" at all.Employees' anxiety stems from the unique political pressure the company has long faced in Washington. Earlier this year, Anthropic clashed with the Pentagon after refusing to allow AI to directly participate in military operations. The Secretary of Defense subsequently designated Anthropic as a "supply chain risk," making Anthropic the first U.S. domestic company in history to be labeled a national security risk. Now, as the models are forced to be taken down at a crucial IPO juncture, internal concerns about political persecution are once again heightened.

BlockBeats News, June 18th. After the June Fed meeting, the discussion focus officially shifted to "whether there is a need to raise interest rates again." Newly appointed Chair Powell presided over the FOMC for the first time, substantially simplifying the policy statement, removing forward guidance, and using a dot plot of individual interest rate projections. At the same time, he emphasized that the Fed has failed to reach its 2% inflation target in the past five years and must rebuild credibility in maintaining price stability. This signifies the Fed bidding farewell to the Powell-era communication framework and transitioning to a new phase that emphasizes outcomes and inflation governance. In terms of policy content, what the market should truly be cautious about is not the unchanged interest rates, but the fact that out of the 19 officials, 9 already believe that rates should be raised within the year, with only 1 supporting a rate cut. This reflects the Fed's concern about inflation has shifted from short-term energy price shocks to deeper structural issues. The US saw a higher-than-expected 0.9% monthly increase in retail sales in May, indicating that high interest rates have not effectively suppressed demand; AI infrastructure investments, data center expansions, surging electricity demand, and the continued wealth effect are driving capital expenditure and consumption. Meanwhile, Cook has forecasted that the rising memory prices will push up Apple product prices, reflecting the ongoing cost pressure in the tech supply chain. With demand remaining strong and the supply side facing continued cost increases, the Fed naturally finds it hard to believe that inflation can smoothly return to 2%. On the other hand, the US-Iran understanding memorandum has officially taken effect. While the market was originally hopeful that Middle East risks would dissipate quickly, the agreement seems more like a 60-day ceasefire observation period rather than a permanent peace treaty. Trump even publicly stated that if the agreement results are unsatisfactory, the US may resume military action; Israel continues to carry out attacks in southern Lebanon, indicating that the regional conflict has not truly ended. Therefore, although the market has begun to price in the resumption of navigation in the Strait of Hormuz and the return of Iranian oil to the market, the energy supply risk premium has not completely disappeared. It is worth noting that the market is currently trading two seemingly contradictory yet coexisting logics. On the one hand, the IEA expects that after the reopening of the Strait of Hormuz, global crude oil supply will gradually shift to oversupply, helping to contain energy inflation; but on the other hand, the US strategic oil reserves have fallen to the lowest levels since 1983, and the key oil hub inventories are close to the critical level. If the situation in the Middle East deteriorates again, the speed of the energy price rebound may far exceed market expectations. This is also one of the key reasons why the Fed is reluctant to signal rate cuts. Market reactions have already spoken volumes. The post-FOMC US Dollar Index rose by 0.87% in a single day, breaking back above the 100 mark; short-term Treasury yields surged significantly, with rate futures pricing in nearly 40 basis points of rate hikes by the end of the year; gold plummeted by over 3% in a single day; Bitcoin also fell below the support line simultaneously. Fund flows indicate that the market is reallocating asset weights in a high-interest-rate environment rather than trading for economic recession or loose liquidity. For the crypto market, the most significant change is not the Middle East situation, but the Federal Reserve reclaiming market pricing power. The core logic behind the recent surge in risk assets over the past few months was built on rate cut expectations. However, Powell has now clearly shifted the policy focus to controlling inflation and rebuilding the Fed's credibility. This indicates that liquidity expectations may continue to tighten in the coming months. If the US dollar remains strong and Treasury yields keep rising, market funds will likely prefer to allocate to the dollar and fixed income assets, putting more upward valuation pressure on risk assets. Currently, the true theme in the global market has gradually shifted from the "Middle East war" to "whether the high-rate era can continue." If the AI investment craze, consumer demand, and energy risks continue to drive up inflation, the Fed's next step may no longer be a rate cut but the unpriced-in rate hike risk since 2023. For all risk assets, this will be the most critical test in the coming quarters.

According to ChainCatcher, citing Golden Ten Data, Citibank expects that the Federal Reserve will cut interest rates by 25 basis points each in October and December 2026, and January 2027, a revision from its previous forecast of rate cuts in September, October, and December this year.