There's still some uncertainty in the air when it comes to inflation readings. Despite various upside pressures that could push prices higher in the near term, Federal Reserve leadership is sticking to their conviction—inflation will eventually find its way back to the 2% target.

It's not a done deal, obviously. We're seeing bumps in the road: geopolitical tensions, supply chain hiccups, labor market strength all throwing curveballs. But the Fed isn't panicking. Their base case remains that these temporary factors will fade and underlying inflation dynamics will normalize.

For markets watching Fed moves, this matters a lot. It shapes expectations around interest rates, monetary policy timelines, and ultimately how capital flows across asset classes—including crypto. When traditional finance gets tighter or looser, ripples definitely reach digital assets.