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Fed Chair Warsh Warns Inflation “Work to Do” as Bitcoin Drops and Rate Hike Bets Rise

CoinCentral·August 29, 2026·1 min read
Fed Chair Warsh Warns Inflation “Work to Do” as Bitcoin Drops and Rate Hike Bets Rise

Fed Chair Kevin Warsh said the central bank must focus on getting inflation back to its 2% target, noting recent PCE and CPI data show no meaningful improvement. September rate hike odds jumped to 42% from 35% per CME FedWatch. Bitcoin dropped nearly following the speech.

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