Currency News Today — September 23, 2026
Fed's Collins warns inflation could be 'notably' higher after backing rate hike and more — today's currency signal.
The US Federal Reserve is taking a cautious stance on inflation, with Fed's Collins warning that it could be "notably" higher, backing a rate hike to mitigate this risk. This move is part of a broader shift in the global economy, driven in part by advancements in artificial intelligence and its increasing impact on industries. The emergence of "Super Intelligence" is bringing about significant changes, as seen in Qualcomm's new Android chip built specifically for AI, which could potentially reshape the smartphone market.
However, not all tech companies are poised to benefit from this trend. Cisco's stock took a hit after Piper Sandler cut its price target due to growth concerns, highlighting the challenges some established players may face in adapting to the changing landscape. In contrast, analysts are optimistic about the prospects of chip stocks like Nvidia and Broadcom, which could be well-positioned to capitalize on the growing demand for AI-enabled technologies. Meanwhile, the US is expanding its military presence in the Arctic region, striking a deal with Greenland at the UN to establish a stronger foothold in the area.
Today's signal:
• Fed's Collins warns inflation could be 'notably' higher after backing rate hike (cnbc.com)
• CNBC Daily Open: Nothing artificial about 'Super Intelligence' (cnbc.com)
• Qualcomm releases Android chip built for AI as memory shortage weighs on smartphone market (cnbc.com)
• A top chip stock analyst sees big things for Nvidia, Broadcom. How his case aligns with ours (cnbc.com)
• Cisco stock sinks 5% after Piper Sandler cuts price target on growth concerns (cnbc.com)
• U.S. strikes Greenland deal at UN to expand military presence at Arctic outposts (cnbc.com)