Ripple CEO Comments On Latest CPI Data – Here’s What He Said

bitcoinistPublished on 2026-01-17Last updated on 2026-01-17

Abstract

Ripple CEO Brad Garlinghouse commented on the latest U.S. CPI data, which showed steady inflation at 2.7% YoY. He suggested that pro-crypto policies under the Trump administration may have contributed to a 3.5% reduction in financial services costs by improving accessibility. The in-line CPI data was positive for crypto, with Bitcoin surging past $97,000. The steady inflation also increased market expectations for potential Fed rate cuts this year. Additionally, Garlinghouse expressed optimism about the postponed CLARITY Act, viewing it as a step toward clearer crypto regulation and consumer protection.

Ripple CEO Brad Garlinghouse has commented on the latest CPI data, which shows that inflation has remained steady in the U.S. Garlinghouse highlighted the potential impact that the pro-crypto policies may have had on the soft inflation data.

Ripple CEO Highlights Crypto Impact On CPI Data

In an X post, the Ripple CEO noted that the latest CPI data shows a 3.5% reduction in financial services costs for consumers. He then raised the possibility that this decline could be partly due to the Trump administration’s pro-crypto policies. The administration has created a regulatory environment for the crypto industry that may have made financial services more accessible, reducing their cost.

Notably, the CPI data came in line with expectations, which was a positive for Bitcoin and the broader crypto market. The CPI came in at 2.7% year-over-year (YoY), in line with expectations. The core CPI came in at 2.6% YoY, lower than expectations of 2.7%, signaling that inflation in the country has remained steady.

Following the release of the CPI data, Bitcoin broke $92,000 and since surged to a new yearly high above $97,000. Major altcoins like Ethereum, Ripple-linked XRP, Solana, and Dogecoin have also recorded significant gains. The inflation data is bullish for the market as it could, in the long run, influence the Fed to make more rate cuts if inflation holds steady rather than trends upwards.

Polymarket data show an increase in the number of rate cuts the Fed could make following the release of the CPI data. There is now a 27% chance of three rate cuts this year, while a 21% chance of two. Previously, crypto traders were betting on only two rate cuts this year. Trump is also expected to nominate a rate-cut advocate as the next Fed chair, which would be positive for lower interest rates.

Ripple CEO Also Comments On Crypto Legislation

The Ripple CEO also commented on the CLARITY Act’s markup, just before its postponement. He noted that the markup was long overdue, but that it is a massive step forward in providing workable frameworks for crypto while continuing to protect consumers. Garlinghouse further remarked that he and his company know firsthand that clarity beats chaos and that the bill’s success is crypto’s success.

The Ripple CEO also mentioned that they will continue to move forward with a fair debate and remain optimistic that issues can be resolved through the markup process. The Senate Banking Committee has since postponed the markup after Coinbase withdrew its support for the bill due to concerns about DeFi and stablecoin yield provisions. Meanwhile, Garlinghouse has yet to comment on the postponement, while Coinbase CEO Brian Armstrong believes that progress with the bill hasn’t stalled despite the setback.

XRP trading at $2.07 on the 1D chart | Source: XRPUSDT on Tradingview.com

Related Questions

QWhat did Ripple CEO Brad Garlinghouse suggest about the latest CPI data and crypto policies?

ABrad Garlinghouse suggested that the Trump administration's pro-crypto policies may have contributed to the 3.5% reduction in financial services costs for consumers, as these policies created a regulatory environment that made financial services more accessible and reduced costs.

QHow did the CPI data impact Bitcoin and the broader crypto market?

AThe CPI data, which came in line with expectations (2.5% YoY for CPI and 2.6% YoY for core CPI), was positive for Bitcoin and the crypto market. Bitcoin broke $92,000 and surged to a new yearly high above $97,000, while major altcoins like Ethereum, XRP, Solana, and Dogecoin also recorded significant gains.

QWhat is the significance of the core CPI coming in at 2.6% YoY?

AThe core CPI coming in at 2.6% YoY, lower than the expected 2.7%, signaled that inflation in the U.S. has remained steady, which is bullish for the crypto market as it could influence the Fed to make more rate cuts if inflation holds steady rather than trends upward.

QWhat did Garlinghouse say about the CLARITY Act's markup?

AGarlinghouse noted that the CLARITY Act's markup was long overdue but represented a massive step forward in providing workable frameworks for crypto while continuing to protect consumers. He emphasized that clarity beats chaos and that the bill's success is crypto's success.

QWhy was the markup of the CLARITY Act postponed, and how did Coinbase react?

AThe Senate Banking Committee postponed the markup after Coinbase withdrew its support for the bill due to concerns about DeFi and stablecoin yield provisions. Despite this, Coinbase CEO Brian Armstrong believes progress with the bill hasn't stalled.

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