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Fed Governor Christopher Waller said in a speech posted on the Fed's website on the 3rd (local time) that recent data show signs of disinflation, and that he would support keeping the federal funds target range at its current level if the next two weeks of data confirm that trend. That framing pushes the near-term policy path onto incoming inflation and labor prints rather than a pre-committed cut, which caps the dollar-liquidity impulse that BTC and ETH have been trading against and leaves USD/JPY and short-dated UST yields as the cleaner read on positioning. Watch whether the two-week data window Waller flagged actually delivers softer prints; a hot surprise would reprice the hold expectation hawkishly and tighten risk-asset liquidity, while continued disinflation keeps a later easing path alive without confirming it.
As a Macro signal, watch whether it changes price action, volatility, or flows around BTC, ETH, JPY=X.
Original Source: 토큰포스트
This page is market information analysis, not investment advice.
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