🚨 Kevin Warsh confirmed today that the battle against inflation hasn’t ended yet 🇺🇸
The man was very clear:
The economy is strengthening, and financial conditions are not restrictive enough, and the Fed’s main goal right now is to stabilize prices and bring inflation back to 2%.
Warsh also said that the Fed must be confident that inflation is moving toward 2% quickly enough, otherwise we have more work to do.
Honestly, the tone was so tough to the core that I expected him to hide it, but wow 🤣
So personally, I’ll be cautious with any fast spike in $BTC and currencies. The first move after bad news is usually a rise for exiting, while those who don’t know rush to buy.
For me, 73K in $BTC is an important level I include in my calculations if pressure continues.
And gold will also suffer, brothers 👀
#FedRateWatch
The man was very clear:
The economy is strengthening, and financial conditions are not restrictive enough, and the Fed’s main goal right now is to stabilize prices and bring inflation back to 2%.
Warsh also said that the Fed must be confident that inflation is moving toward 2% quickly enough, otherwise we have more work to do.
Honestly, the tone was so tough to the core that I expected him to hide it, but wow 🤣
So personally, I’ll be cautious with any fast spike in $BTC and currencies. The first move after bad news is usually a rise for exiting, while those who don’t know rush to buy.
For me, 73K in $BTC is an important level I include in my calculations if pressure continues.
And gold will also suffer, brothers 👀
#FedRateWatch
