US inflation holding steady at 2.7%, but don't expect the Fed to cut rates anytime soon. The recent DOJ situation around Powell isn't changing their hawkish stance on monetary policy. When inflation stays anchored and labor markets remain resilient, central banks typically stick to their guns—especially when external pressures mount. For crypto traders, this means prolonged higher rates will continue weighing on risk assets and appetite for speculative positions. The path forward looks like extended rate stability rather than the relief rally many were hoping for.