🚨 THE WORST-CASE SCENARIO FOR MARKETS IS STARTING TO UNFOLD.
The Fed has just raised rates by 25 basis points, and Warsh’s message afterward was even more hawkish.
• Inflation is “too high” and has been above target for too long.
• The economy has strengthened and the labor market remains in good shape.
• Price stability is now the Fed’s main focus.
• The rise in bond yields is driven by economic strength, massive competition for capital, and geopolitics.
• Warsh refused to rule out further hikes.
• Traders are now pricing in TWO more rate increases before the end of the year.
• And Warsh made the Fed’s position clear: “Today’s action starts to show that we’re serious about this.”
The Fed is raising rates, bond yields are soaring, and more hikes are now being priced in.
The message is pretty clear: the Fed hasn’t finished tightening yet.$BTC $ETH $USDC #FedRateWatch
The Fed has just raised rates by 25 basis points, and Warsh’s message afterward was even more hawkish.
• Inflation is “too high” and has been above target for too long.
• The economy has strengthened and the labor market remains in good shape.
• Price stability is now the Fed’s main focus.
• The rise in bond yields is driven by economic strength, massive competition for capital, and geopolitics.
• Warsh refused to rule out further hikes.
• Traders are now pricing in TWO more rate increases before the end of the year.
• And Warsh made the Fed’s position clear: “Today’s action starts to show that we’re serious about this.”
The Fed is raising rates, bond yields are soaring, and more hikes are now being priced in.
The message is pretty clear: the Fed hasn’t finished tightening yet.$BTC $ETH $USDC #FedRateWatch
