Feds Kashkari hints at possible rate hikes amid Iran war inflation concerns
Bitcoin Ethereum News ## Market Snapshot The “Fed Rate Cuts Predictions for 2026” market currently shows uncertainty, with fresh comments from Feds Kashkari suggesting possible rate hikes due to inflation. Meanwhile, the “Fed Decision June and July” market reflects a decreased probability of a rate cut, currently priced at 3.6% YES for June and 88.5% YES for July. ## Key Takeaways – Kashkari‘s remarks on inflationary pressures from the Iran war appear to shift market expectations towards fewer Fed rate cuts in 2026. – The probability of a rate cut in June has decreased, with market pricing suggesting a lower likelihood of such an event. – Kashkari’s comments on the persistent impact of the Iran war on supply chains may indicate prolonged inflation concerns. ## Article Body Federal Reserve Bank of Minneapolis President Neel Kashkari has indicated that in certain scenarios, the Federal Reserve may need to raise interest rates to combat inflation exacerbated by the ongoing war in Iran. Despite the potential for a temporary ceasefire, Kashkari noted that the conflict has significantly impacted inflation due to disruptions in global supply chains. The Fed official also expressed concern about downside risks from the war but mentioned that there is no immediate crisis regarding US government