$BTC
Kevin Warsh has just been given yet another reason to keep raising interest rates
The S&P Global Composite PMI came in at 58.4, its highest reading in five years
This robust figure points to a clear recovery in the US manufacturing sector and reflects the resilience of the broader economy
Meanwhile, inflation stands at 3.4%, with analysts expecting a further rise due to climbing global oil prices
$SOL
When solid economic growth aligns with elevated inflation, the central bank gains greater leeway to maintain its hawkish stance
Consequently, the odds of an additional rate hike before the end of the year have surged to 90%, as the market reckons the Federal Reserve will remain steadfast against inflationary pressures and won't easily back down
$ETH
#KevinWarshDisclosedCryptoInvestments #Fed #Market_Update
Kevin Warsh has just been given yet another reason to keep raising interest rates
The S&P Global Composite PMI came in at 58.4, its highest reading in five years
This robust figure points to a clear recovery in the US manufacturing sector and reflects the resilience of the broader economy
Meanwhile, inflation stands at 3.4%, with analysts expecting a further rise due to climbing global oil prices
$SOL
When solid economic growth aligns with elevated inflation, the central bank gains greater leeway to maintain its hawkish stance
Consequently, the odds of an additional rate hike before the end of the year have surged to 90%, as the market reckons the Federal Reserve will remain steadfast against inflationary pressures and won't easily back down
$ETH
#KevinWarshDisclosedCryptoInvestments #Fed #Market_Update
