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Fed Governor Waller said in a NABE speech on the 13th that if core inflation again comes in above expectations, the FOMC may need to consider additional tightening, calling policy 'at a crossroads' and flagging this week's CPI as the decisive input. A hawkish surprise would reprice the front end of the UST curve higher and lift the dollar, pressuring rate-sensitive risk assets including NASDAQ growth names and high-beta crypto like BTC and ETH. Watch the core CPI print this week: an upside miss validates the tightening threat, while an in-line or soft reading defuses it and supports risk appetite.
As a Macro signal, watch whether it changes price action, volatility, or flows around IXIC, BTC, KRW=X.
Original Source: 블록미디어
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