Kevin Warsh said rates could rise this year if inflation does not cool enough

Crypto Insight Summary: Trump-appointed Federal Reserve Chairman Kevin Warsh made clear during his Friday appearance at Jackson Hole that interest rates could get hiked this year if inflation refuses to settle down fast enough. Kevin said summer inflation figures came in cooler than expected, but that was not enough to show the bigger trend had changed. “While this... Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Potential rate hike signals tighter monetary policy, reducing risk appetite for crypto.