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Bitcoin extends losses below $69K as Fed's Hammack warns sticky inflation may force rate hike

Bitcoin slipped under $69K following hawkish comments from Fed's Beth Hammack, who said rising inflation may warrant policy action.

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cryptobriefing.comStai leggendo3 mesi fa

Bitcoin extends losses below $69K as Fed's Hammack warns sticky inflation may force rate hike

Bitcoin slipped under $69K following hawkish comments from Fed's Beth Hammack, who said rising inflation may warrant policy action.

originale

economictimes.indiatimes.com3 mesi fa

Fed's Hammack signals rate hike may be needed soon as inflation risks intensify

Fed signals potential rate hikes amid persistent inflation in energy, software, and services—all above the 2% target. Tech organizations face tighter monetary conditions ahead, with rising debt costs and potential pressure on capital allocation for infrastructure and innovation.

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martedì 2 giugno 2026·cryptobriefing.com
Bitcoin extends losses below $69K as Fed's Hammack warns sticky inflation may force rate hike
Bitcoin slipped under $69K following hawkish comments from Fed's Beth Hammack, who said rising inflation may warrant policy action.
mercoledì 3 giugno 2026·economictimes.indiatimes.com
Fed's Hammack signals rate hike may be needed soon as inflation risks intensify
Federal Reserve Bank of Cleveland President Beth Hammack signaled that the U.S. central bank might need to raise interest rates if inflation continues to climb. She expressed…