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Fed Governor Christopher Waller said in a speech on the 3rd (local time) that recent data show signs of disinflation and that he would back holding the federal funds target range at its current level if the next two weeks of indicators confirm the trend, sending the three main New York indexes up around 1%. The rebound is a duration-and-liquidity trade: a credible hold caps front-end rate expectations and softens the dollar funding backdrop that drives BTC and ETH beta alongside NASDAQ and S&P 500 risk appetite. The offsetting risk is explicit, since Waller flagged that evidence of the August inflation improvement reversing could make a hike appropriate at the September 15-16 FOMC, so the August price data is the confirmation point that would repricing rates and unwind this bounce.
As a Macro signal, watch whether it changes price action, volatility, or flows around IXIC, BTC, ETH.
Original Source: 토큰포스트
This page is market information analysis, not investment advice.
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