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🇺🇸 Warsh Says Inflation Is Fed’s Top Focus
Federal Reserve Chair Kevin Warsh said inflation remains the Fed’s predominant focus, with U.S. PCE inflation at 3.7%, well above the 2% target. He warned that if underlying inflation does not improve sufficiently, the Fed may still have “work to do,” keeping the possibility of higher rates on the table. 
Crypto impact: ⚠️ Potentially bearish for BTC and altcoins in the short term because higher-rate expectations can strengthen the dollar and reduce liquidity. Traders should watch the next U.S. inflation data and September Fed expectations closely. 
#WarshSaysInflationIsFedTopFocus
$SOL
$ETH
🇺🇸 Warsh Says Inflation Is Fed’s Top Focus
Federal Reserve Chair Kevin Warsh said inflation remains the Fed’s predominant focus, with U.S. PCE inflation at 3.7%, well above the 2% target. He warned that if underlying inflation does not improve sufficiently, the Fed may still have “work to do,” keeping the possibility of higher rates on the table. 
Crypto impact: ⚠️ Potentially bearish for BTC and altcoins in the short term because higher-rate expectations can strengthen the dollar and reduce liquidity. Traders should watch the next U.S. inflation data and September Fed expectations closely. 
#WarshSaysInflationIsFedTopFocus