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Fed’s Michael Barr Says More Hikes Likely Needed as October Rate Hike Odds Fall

CoinGape·September 29, 2026·1 min read
Fed’s Michael Barr Says More Hikes Likely Needed as October Rate Hike Odds Fall

Federal Reserve Governor Michael Barr reiterated that more rate hikes may be needed to bring inflation to the 2% target. Meanwhile, crypto traders have reduced bets on an October rate hike, which would be the second this year. The comments signal ongoing monetary tightening uncertainty for digital asset markets.

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