Fed decision today (2 PM ET). A hold is the base case, so the rate itself isn't the story.
What matters is Warsh's tone. Rates sit at 3.75–4.00% after September's hike inflation is still warm and he doesn't do forward guidance. Any hint of another hike could pressure risk assets Bitcoin included.
I'm watching the tone, not the headline. $BTC $ETH
What matters is Warsh's tone. Rates sit at 3.75–4.00% after September's hike inflation is still warm and he doesn't do forward guidance. Any hint of another hike could pressure risk assets Bitcoin included.
I'm watching the tone, not the headline. $BTC $ETH
