Chief Economist, Bank of Nassau 1982) dropped crucial macro insights! 📉
He points out that the latest August U.S. CPI data falls short of the 2% inflation standard set by Fed Governor Kevin Warsh.
What does this mean for the markets?
With inflation proving sticky, he firmly expects the Federal Reserve to hike interest rates next week. The crypto and traditional markets have already almost fully priced in this upcoming hike.
#CPI #FederalReserve #MacroEconomics #Inflation #interestrates
He points out that the latest August U.S. CPI data falls short of the 2% inflation standard set by Fed Governor Kevin Warsh.
What does this mean for the markets?
With inflation proving sticky, he firmly expects the Federal Reserve to hike interest rates next week. The crypto and traditional markets have already almost fully priced in this upcoming hike.
#CPI #FederalReserve #MacroEconomics #Inflation #interestrates
