Central bank officials continue to sound cautious notes about inflation, with ongoing concerns that price pressures could prove stickier than previously anticipated. The narrative around temporary supply-chain disruptions giving way to normalized pricing has shifted as data points to more resilient inflationary forces.

This matters for asset markets across the board. When inflation expectations stay elevated, it creates a different environment for monetary policy decisions, risk appetite, and capital allocation strategies. Traders and investors watching crypto markets alongside traditional finance have to factor in how persistent inflation could influence interest rate trajectories and broader economic sentiment.

The takeaway: don't count on inflation cooling down as quickly as some optimists hoped. Markets pricing in this reality—and that affects everything from bond yields to digital asset valuations.