#WarshPushesToScaleBackForwardGuidanceAndDotPlot
🚨 Warsh: Talk Less = Market Volatility 🚨
New Fed Chair Kevin Warsh is shaking things up!
He wants to scrap Forward Guidance and the Dot Plot—the tools the Fed used to hint to the market where interest rates were headed 😱
What does that mean?
Before, the Fed would tell you: We’re raising rates, we’re cutting them... and the market could prepare.
Now Warsh is saying: Say less. Let the market figure it out for itself from inflation data!
The result?
U.S. inflation came in at 3.7% yesterday, and expectations are now split 50/50 on whether they’ll raise interest rates in October.. and the market is going wild! 📈📉
That’s why Bitcoin is so volatile today.
Question: Do you think Warsh’s decision is right? Should the market learn to stand on its own, or should the Fed be more transparent?
$BTC
🚨 Warsh: Talk Less = Market Volatility 🚨
New Fed Chair Kevin Warsh is shaking things up!
He wants to scrap Forward Guidance and the Dot Plot—the tools the Fed used to hint to the market where interest rates were headed 😱
What does that mean?
Before, the Fed would tell you: We’re raising rates, we’re cutting them... and the market could prepare.
Now Warsh is saying: Say less. Let the market figure it out for itself from inflation data!
The result?
U.S. inflation came in at 3.7% yesterday, and expectations are now split 50/50 on whether they’ll raise interest rates in October.. and the market is going wild! 📈📉
That’s why Bitcoin is so volatile today.
Question: Do you think Warsh’s decision is right? Should the market learn to stand on its own, or should the Fed be more transparent?
$BTC