Federal Reserve officials warn about inflation at Jackson Hole conference

Federal Reserve officials at the Jackson Hole conference have issued warnings regarding persistent inflation, which may threaten the Fed's credibility and lead to aggressive rate hikes affecting global financial markets. Simultaneously, Bitcoin remains above $80,000 as it faces major resistance. For the first time in 40 years, the symposium's agenda focuses on financial infrastructure and payments, areas closely linked to crypto, as the Federal Reserve evaluates the current economic landscape and monetary policy.