Innlegg
#WarshConfirmedMay15
Kevin Warsh stepping into the Fed story right after a hot CPI print is brutal timing.
Markets wanted a chair who could open the door to cuts. Instead, inflation just closed that door before he even gets comfortable.
That is the problem.
Warsh may want lower rates in theory, but the first rule of the Fed is credibility. If inflation is moving back toward 4%, cutting too early would make the bond market punish him instantly.
So his first real test is not policy.
It is trust.
Can he sound independent while political pressure wants easier money?
That is why this matters for crypto too. BTC does not only need a dovish Fed. It needs a Fed the market believes.
$BTC
$ETH
$DOGE #USCPIHits3.8% #CLARITYAct309Pages

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