🚨 KEVIN WARSH IS NOW COMPLETELY STUCK.
U.S. inflation data was just released, and it surprised everyone.
CPI came in at 3.7%, its highest level in 4 months.
Core CPI rose to 2.6%, its highest level in 3 months.
Now, the U.S. job market is already weak, and inflation is running hot.
If the Fed holds interest rates steady, it risks inflation rising even further.
If the Fed raises interest rates, it risks making the job market even worse.
$BTC
$ETH
U.S. inflation data was just released, and it surprised everyone.
CPI came in at 3.7%, its highest level in 4 months.
Core CPI rose to 2.6%, its highest level in 3 months.
Now, the U.S. job market is already weak, and inflation is running hot.
If the Fed holds interest rates steady, it risks inflation rising even further.
If the Fed raises interest rates, it risks making the job market even worse.
$BTC
$ETH