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Fed Governor Chris Waller abandoned his dovish talking points after losing the Fed Chair race, saying six straight months of hotter inflation means another elevated print would be treated as signal, driving this month's hike odds to 41% from 25% and total pricing to 41 bps of hikes through year end. Renewed hike risk pressures the front end of the UST curve and supports the dollar, a combination that typically compresses NASDAQ multiples and hits high-beta assets like BTC and ETH hardest. Tuesday's CPI is the binary catalyst: a hot print likely cements a hike, while Waller signaled even a soft reading needs a couple more declines to shift him back, keeping the hawkish repricing sticky.
As a Macro signal, watch whether it changes price action, volatility, or flows around IXIC, BTC, GSPC.
Original Source: InvestingLive Central Banks
This page is market information analysis, not investment advice.
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