Fed Chair Kevin Warsh reaffirmed the 2% inflation target at the ECB Sintra forum but offered no rate guidance, leaving crypto and risk markets uncertain.

The Fed chairman joins a panel of other central bank leaders Wednesday at the ECB Forum on Central Banking in Sintra, Portugal.

New Fed Chair Kevin Warsh joined Lagarde, Bailey, and Macklem at the ECB Forum in Sintra, signaling policy stability and a commitment to the 2% inflation