Kevin Warsh's first FOMC meeting just dropped. Rates are unchanged, still sitting at 3.5-3.75%, but he pulled two moves that are pretty bold: no dot plot released, and he straight-up canceled the forward guidance.
The message is clear: don't expect any hints from the Fed.
The Strait of Hormuz is back open, and WTI has dipped below $75. The previous wave of tension has mostly cooled off, and risk assets are on the rise.
Franklin Templeton has filed for a new ETF that automatically converts stock dividends into $BTC . Institutions are looking for ways to get in, and this signal is pretty obvious.
Warsh is looking to shake things up at the Fed, setting up five working groups: communication, balance sheet, data, inflation framework, and employment. It doesn’t seem like just a formality.
$BTC is still under pressure in the short term. Nine officials are saying there will be a rate hike this year, and CPI is still at 4.2%, which is no joke. However, institutional money is slowly flowing in, and geopolitical tensions are easing, so the medium to long-term outlook seems solid.
NFA DYOR
#Bitcoin #美联储 #ETF #宏观 #crypto
The message is clear: don't expect any hints from the Fed.
The Strait of Hormuz is back open, and WTI has dipped below $75. The previous wave of tension has mostly cooled off, and risk assets are on the rise.
Franklin Templeton has filed for a new ETF that automatically converts stock dividends into $BTC . Institutions are looking for ways to get in, and this signal is pretty obvious.
Warsh is looking to shake things up at the Fed, setting up five working groups: communication, balance sheet, data, inflation framework, and employment. It doesn’t seem like just a formality.
$BTC is still under pressure in the short term. Nine officials are saying there will be a rate hike this year, and CPI is still at 4.2%, which is no joke. However, institutional money is slowly flowing in, and geopolitical tensions are easing, so the medium to long-term outlook seems solid.
NFA DYOR
#Bitcoin #美联储 #ETF #宏观 #crypto