According to Kevin Hassett, Director of the National Economic Council, the Federal Reserve needs greater self-reflection on its monetary policy decisions. He highlights a critical concern: the Fed currently maintains some of the world's highest interest rates. This elevated rate environment shapes global financial conditions and has cascading effects across risk assets, including the crypto markets. When central banks keep rates elevated, capital allocation shifts between asset classes, influencing how investors position themselves in digital currencies versus traditional markets. The ongoing tension between inflation control and economic growth continues to be a defining theme for traders navigating both macro trends and crypto volatility.