Fed’s Barkin sees stable inflation, no immediate policy changes

Federal Reserve Bank of Richmond President Thomas Barkin said inflation appears stable and that he sees no immediate need for policy changes, signaling the central bank is inclined to hold rates steady for now. The remarks temper market expectations for near-term rate cuts, which had been a tailwind for risk assets including cryptocurrencies. No specific numbers, protocols, chains, or tokens were cited in the article. Investors will watch upcoming inflation data and Fed communications for signals on the timing of any policy shift.