US inflation hits 3.8%, prompting the Fed to view pressures as persistent. Rate hike in 2026 now at 31.5% YES.

Fed Chair Goolsbee warns of persistent energy inflation due to the Iran war. No rate cuts in 2026 at 66.3% YES.

US CPI hit 3.8% in April 2026, a three-year high driven by a 17.9% energy price surge. The Fed faces delayed rate cuts, creating headwinds for crypto.

US inflation hits 3.8%, prompting the Fed to view pressures as persistent. Rate hike in 2026 now at 31.5% YES.