Federal Reserve Bank of New York President John Williams said on Nov. 8 that the central bank may need to begin bond purchases soon to expand its balance sheet, Jin10 reports. Williams stated the next step involves determining when reserve levels move from slightly above adequate to adequate, at which point a gradual asset purchase process should start. He noted sustained repo market pressures and other indicators suggest reserves are shifting from abundant toward slightly above adequate, and some analysts expect the Fed could begin expanding asset holdings in the first quarter of next year. Williams cautioned precise timing remains difficult to determine and emphasized such purchases would maintain liquidity rather than serve as stimulus.

Central banks worldwide have cut rates more in the past two years than during the 2008 financial crisis, but the easing effects may be nearing exhaustion, BiyaPay analysts said on Nov. 8. The analysts characterized the moment as a liquidity inflection point rather than a tightening signal, noting tighter funding conditions could pressure elevated valuations across equities, bonds, commodities, and cryptocurrencies. Future market performance will depend on liquidity sustainability, they added.

Fetch.ai filed a class-action lawsuit against Ocean Protocol in the U.S. District Court for the Southern District of New York on November 8, alleging mishandling of tokens within the ASI alliance, Cryptoslate reports. The complaint states Ocean Protocol transferred approximately 700 million OCEAN tokens—initially designated for community rewards—to a Cayman Islands entity, converted them into roughly 286 million FET, and sold about 263 million FET on the market, causing FET price declines. Ocean Protocol denied the allegations, calling the lawsuit social media hype, while ASI alliance co-founder Goertzel expressed disappointment with Ocean's actions but affirmed the alliance's commitment to decentralized AI development.

U.S. one-year inflation expectations reached 4.7% in the preliminary November reading, above the 4.6% forecast and matching the prior month's 4.60% level, Jin10 reports. The data reflects consumer sentiment on near-term price pressures in the U.S. economy.

Kevin Hassett, Director of the White House National Economic Council, criticized the Federal Reserve's interest rate reduction strategy on Nov. 7, Jin10 reports. Hassett suggested the central bank may have allowed partisan considerations to influence its monetary policy decisions.

The Senate version of the Crypto Market Structure Bill remains incomplete as of Nov. 7, with negotiations potentially extending through the weekend, Crypto In America reports. Key staffers have been working intensively to resolve critical disagreements, with one source involved in Banking Committee bipartisan discussions noting all parties are "working around the clock." The Agriculture Committee draft is also in flux, despite multiple sources indicating last week that a bipartisan version was nearing completion. White House Crypto and AI Director David Sacks held calls Wednesday with the bill's primary drafters—Agriculture Committee Chairman John Boozman (R-AR) and Sen. Cory Booker (D-NJ)—and said he was "encouraged by the progress." The previously targeted Thanksgiving timeline for committee markup now appears increasingly unlikely, with December emerging as the more probable timeframe.

Federal Reserve Vice Chair Philip Jefferson said on Nov. 7 that interest rates have moved closer to neutral territory and advocated for a measured pace in future adjustments, JinShi reports. Jefferson, who supported the October FOMC rate cut, noted signs of progress in core inflation moving toward the 2% target. He attributed recent lack of inflation progress to tariff impacts and stated that AI's economic effects remain too early to assess, adding he will determine his vote on a meeting-by-meeting basis.

Kazakhstan is establishing a national cryptocurrency reserve fund valued at $500 million to $1 billion, with partial funding from seized assets repatriated from overseas, Bloomberg reports. Central bank governor Timur Suleimenov said the fund will invest in ETFs and equity stakes in digital currency companies, exercising caution on direct cryptocurrency holdings. The fund is expected to become operational by year-end or January.