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Hammack’s call for smaller, faster Fed rate moves has done little to revive Bitcoin’s rally. With ETF outflows accelerating, miners selling and $85,230 resistance holding firm, the market needs a reversal in liquidity—not just a slower pace of tightening.
Beth Hammack, president of the Federal Reserve Bank of Cleveland, said on Oct. 12 (local time) that it would be preferable to adjust interest rates by
Cleveland Fed President Beth Hammack has stressed the urgency of adopting a strict monetary policy as a response to mounting inflation that now permeates various sectors, not just energy. She advocates for prompt adjustments to keep inflation on target at 2%, emphasizing transparency in Fed policies to aid both…