🚨(🎙️ Fed's Hammack Doubles Down: "Time to Act With Hikes")......WHATS THAT MEANS RATE CUT?.........ARE YOU SAFE WITH CRYPTO OR ITS A #GoldenOpportunity TO BUY CRYPTOS WHAT DID YOU THINK.........................................................🚨
Cleveland Fed's Beth Hammack just repeated her hawkish stance today, right at Jackson Hole — saying waiting will "#createpain ."
She also said inflation will likely end the year near 3%, still above target, and that she doesn't see current financial conditions as restrictive.
This lines up with her known position — she was one of three dissenters favoring a hike in July.
For context — if the Fed does cut instead: Lower rates typically weaken the dollar and make riskier assets more attractive, since safer options (savings, bonds) pay less. That backdrop has historically been supportive for BTC and altcoins. A hike (or holding rates high), on the other hand, tends to do the opposite — stronger dollar, more pressure on risk assets.$BTC
#myopinionis : One voice repeating itself isn't a policy shift — but if this tone shows up in Warsh's keynote today too, that's when it starts to matter for rate-cut odds.
#GoldRisesAbout14%InAugust #CaliforniaBillWouldBarOfficialMemeCoins
$BTC
$TRUMP
Cleveland Fed's Beth Hammack just repeated her hawkish stance today, right at Jackson Hole — saying waiting will "#createpain ."
She also said inflation will likely end the year near 3%, still above target, and that she doesn't see current financial conditions as restrictive.
This lines up with her known position — she was one of three dissenters favoring a hike in July.
For context — if the Fed does cut instead: Lower rates typically weaken the dollar and make riskier assets more attractive, since safer options (savings, bonds) pay less. That backdrop has historically been supportive for BTC and altcoins. A hike (or holding rates high), on the other hand, tends to do the opposite — stronger dollar, more pressure on risk assets.$BTC
#myopinionis : One voice repeating itself isn't a policy shift — but if this tone shows up in Warsh's keynote today too, that's when it starts to matter for rate-cut odds.
#GoldRisesAbout14%InAugust #CaliforniaBillWouldBarOfficialMemeCoins
$BTC
$TRUMP
