#fedratewatch 🇺🇸 THE FED JUST SENT A MESSAGE TO CRYPTO
Fed Chair Kevin Warsh says inflation remains the priority, with the Fed still focused on getting PCE inflation back toward its 2% target.
The 12–0 decision comes despite a resilient US economy, strong consumer spending and a healthy labour market, while hotter CPI and PPI data continue to complicate the inflation picture.
For $BTC and altcoins, this matters.
Higher rates and tighter financial conditions can drain liquidity from risk assets. But if inflation eventually cools enough for the Fed to ease, crypto could benefit from renewed liquidity.
For now, the Fed is saying patience over cheap money.
The next few inflation and jobs reports could be critical.
Fed Chair Kevin Warsh says inflation remains the priority, with the Fed still focused on getting PCE inflation back toward its 2% target.
The 12–0 decision comes despite a resilient US economy, strong consumer spending and a healthy labour market, while hotter CPI and PPI data continue to complicate the inflation picture.
For $BTC and altcoins, this matters.
Higher rates and tighter financial conditions can drain liquidity from risk assets. But if inflation eventually cools enough for the Fed to ease, crypto could benefit from renewed liquidity.
For now, the Fed is saying patience over cheap money.
The next few inflation and jobs reports could be critical.