Fed’s Powell hints at higher inflation in coming quarters, crypto markets react
Yahoo Finance·2025-09-23 19:45
Federal Reserve Chairman Jerome Powell hinted that the tariff hikes will likely reflect in "somewhat higher inflation" in coming quarters. He made the remarks in a speech at the Greater Providence Chamber of Commerce in Providence, Rhode Island, on Sep. 23. The crypto market didn't have a sharp reaction to Powell's remarks. Though Bitcoin first fell to around 112,744.93 at press time, as per Kraken's price feed. The total crypto market ...