🇺🇸 WARSH SIGNALS CAUTION ON RATE CUTS
Fed Chair Kevin Warsh says inflation is still too high and the 2% target remains firm.
Inflation has improved, but underlying trends remain largely unchanged.
Labor markets remain stable, while financial conditions are not restrictive.
The Fed still wants to see inflation move clearly toward 2% before making major moves.
#Fed #JacksonHole #Bitcoin
Fed Chair Kevin Warsh says inflation is still too high and the 2% target remains firm.
Inflation has improved, but underlying trends remain largely unchanged.
Labor markets remain stable, while financial conditions are not restrictive.
The Fed still wants to see inflation move clearly toward 2% before making major moves.
#Fed #JacksonHole #Bitcoin
