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Economists including Joe Lavorgna are making the case that the Fed under Chair Kevin Warsh should hike rates rather than ease, a stance markets are not pricing and would treat as a hawkish surprise. An unexpected hike or hawkish pivot would push UST yields and the DXY higher, pressuring rate-sensitive risk assets like BTC, ETH, and NASDAQ growth stocks through the liquidity and discount-rate channel. This remains a minority view rather than the Fed's signaled path, so watch Fed communications and fed funds futures repricing for any confirmation that hike odds are actually rising.
As a Macro signal, watch whether it changes price action, volatility, or flows around BTC, IXIC, ETH.
Original Source: BeInCrypto
This page is market information analysis, not investment advice.
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