🚨 THE FED HAS A PROBLEM — AND BITCOIN IS WATCHING
The latest data is creating a difficult policy setup:
📉 Q2 GDP: 1.5%
Growth is slowing.
🔥 July PCE: 3.7%
Above the 3.6% estimate and still well above the Fed's 2% target.
But inflation has also fallen from 4.1% in May.
So the Fed faces a dilemma:
Cut rates → risk reigniting inflation.
Hold rates → risk putting more pressure on a slowing economy.
Meanwhile, the U.S. Treasury has doubled its bond-buyback capacity, potentially adding another liquidity tailwind to markets.
And then there's Jackson Hole.
Kevin Warsh's Friday speech could provide important clues about the Fed's next move.
For Bitcoin, the equation is simple:
Growth ↓ + Inflation ↑ + Liquidity → Volatility
The next major BTC move may depend less on the chart — and more on what the Fed does next. 👀
$BTC
The latest data is creating a difficult policy setup:
📉 Q2 GDP: 1.5%
Growth is slowing.
🔥 July PCE: 3.7%
Above the 3.6% estimate and still well above the Fed's 2% target.
But inflation has also fallen from 4.1% in May.
So the Fed faces a dilemma:
Cut rates → risk reigniting inflation.
Hold rates → risk putting more pressure on a slowing economy.
Meanwhile, the U.S. Treasury has doubled its bond-buyback capacity, potentially adding another liquidity tailwind to markets.
And then there's Jackson Hole.
Kevin Warsh's Friday speech could provide important clues about the Fed's next move.
For Bitcoin, the equation is simple:
Growth ↓ + Inflation ↑ + Liquidity → Volatility
The next major BTC move may depend less on the chart — and more on what the Fed does next. 👀
$BTC
