SUMMARY OF REMARKS BY FED CHAIR WARSH
1. The U.S. economy is showing very strong resilience
2. Inflation is still high compared to the Fed’s 2% target. 🦅
3. This statement only presents current facts—IT DOES NOT signal any direction for interest rates.
4. There’s no question of the Fed being flexible with the inflation target. The only target remains 2%.
5. The Fed notes that nominal yields and real yields have increased quite sharply since the most recent meeting.
6. Warsh emphasized that the market will have to “learn to play the ball, rather than watch the referee.”
👉Warsh once again refuses to give clear guidance on the Fed’s next steps.
Where will the future $BTC lead???
1. The U.S. economy is showing very strong resilience
2. Inflation is still high compared to the Fed’s 2% target. 🦅
3. This statement only presents current facts—IT DOES NOT signal any direction for interest rates.
4. There’s no question of the Fed being flexible with the inflation target. The only target remains 2%.
5. The Fed notes that nominal yields and real yields have increased quite sharply since the most recent meeting.
6. Warsh emphasized that the market will have to “learn to play the ball, rather than watch the referee.”
👉Warsh once again refuses to give clear guidance on the Fed’s next steps.
Where will the future $BTC lead???
