Fed's Hammack flags upside inflation risks, hints at possible 2026 rate hikes
- —Hammack says inflation risks are skewed to the upside
- —August headline inflation at 3.4% vs 2% Fed target
- —Markets price ~48% odds of two hikes in 2026
- —Supply shocks complicate Fed policy decisions
Why it matters: A hawkish Fed signal pressures risk assets including bitcoin and reinforces expectations of higher Treasury yields.
Source: Crypto Briefing