Macro· ★★★· bearish·

Fed's Goolsbee: need evidence inflation is returning to 2%, rate hike still on the table

  • —Goolsbee wants proof inflation is moving toward the Fed's 2% goal
  • —Both a rate hike and a pause remain possible this month
  • —He called the labor market stable but inflation the bigger concern
Why it matters: A hawkish Fed signal weighs on risk assets, as a hold or hike keeps liquidity tight and caps appetite for bitcoin.
Source: TokenPost