Crypto Prices Jump on Ether ETF Approve Hopes

Crypto prices jumped Monday afternoon after the Securities and Exchange Commission took what some investors interpreted as a positive step toward the potential introduction of the first U.S. exchange-traded funds holding ether.

What’s Up with Inflation Expectations in Japan?

Both actual inflation and inflation expectations increased recently in Japan after decades of being undesirably low. An estimate based on nominal and real Japanese bond yields adjusted for liquidity and other risk premiums confirms that investors’ long-term inflation expectations have also increased.