Fed's Goolsbee warns aggressive rate action may be needed as inflation sticks at 3.7%
- —US inflation holds at 3.7%, nearly double the Fed's 2% target
- —The timeline to reach 2% has slipped to 2027, a delay of about two years
- —Goolsbee cited sticky services inflation and AI data-center investment as drivers
- —Goolsbee dissented against the December 2025 FOMC rate cut
Why it matters: A hawkish Fed signal pressures risk assets: higher-for-longer rates curb liquidity and appetite for bitcoin and crypto.
Source: Crypto Briefing