Next week could spice things up for bitcoin as seven central banks face an inflation test

Seven major central banks, including the Federal Reserve, will issue rate decisions next week just as war-driven oil price spikes raise fresh concerns about global inflation. What to know : Seven major central banks, including the Federal Reserve, will issue rate decisions next week just as war-driven oil price spikes raise fresh concerns about global inflation. Traders are reassessing expectations for rate cuts as higher energy costs threaten to keep inflation elevated, increasing the risk that policymakers adopt a more hawkish stance. Hawkish signals could spark volatility and downside pressure in bitcoin and other risk assets.