Fed Chair Kevin Warsh’s recent hawkish comments put inflation back in focus.
🏦 The Fed still wants inflation moving toward its 2% target 📈 Hawkish rate expectations can put pressure on risk assets ₿ bitcoin under pressure after the remarks
Now, investors are watching upcoming U.S. inflation and jobs data for clues about the Fed’s next move.
🇺🇸 US JOBS REPORT IS OUT 👀 Unemployment: 4.1% Jobs Added: 162K 📊 A stronger jobs market could mean less chance of Fed rate cuts, which may pressure crypto. 📉 Now watching USD, Treasury yields & CPI for the next move.👀 Bullish or bearish for BTC? 📈📉