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Fed Chair Kevin Warsh told reporters ahead of House Financial Services Committee testimony on the 14th that the FOMC will never tolerate persistently high inflation, reaffirming the June decision to hold the federal funds rate target at 3.50-3.75%. The hawkish framing pushes back against near-term rate-cut pricing, which supports UST yields and the dollar while pressuring rate-sensitive risk assets including NASDAQ growth names and BTC/ETH beta. Watch the full testimony and Q&A for any conditions Warsh attaches to future easing, as a shift in cut timing would reprice front-end yields quickly.
As a Macro signal, watch whether it changes price action, volatility, or flows around IXIC, BTC, KRW=X.
Original Source: 연합인포맥스
This page is market information analysis, not investment advice.
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