According to BeInCrypto, Cleveland Federal Reserve President Beth Hammack stated that restrictive monetary policy remains appropriate for returning inflation to the 2% target. She expressed preference for making smaller interest rate adjustments promptly rather than delaying decisions and accepting the possibility of a larger economic correction later. Current rate futures indicate a potential increase in December, while the U.S. dollar is near its highest level in approximately 18 months. Separately, Bitcoin (BTC) is mentioned in relation to these remarks.
