Fed's Goolsbee just dropped a stagflation warning ⚠️
Persistent supply shocks = inflation stays sticky while growth dies. That 2% target? Getting messier by the day.
Translation: Fed's caught between a rock and a hard place. Can't cut rates freely without reigniting inflation. Can't stay hawkish without tanking the economy.
Risk-on assets like crypto gonna feel this. Liquidity tightening + macro uncertainty = chop city for $BTC and alts. Watch DXY and bonds closely.
Persistent supply shocks = inflation stays sticky while growth dies. That 2% target? Getting messier by the day.
Translation: Fed's caught between a rock and a hard place. Can't cut rates freely without reigniting inflation. Can't stay hawkish without tanking the economy.
Risk-on assets like crypto gonna feel this. Liquidity tightening + macro uncertainty = chop city for $BTC and alts. Watch DXY and bonds closely.
