
Wall Street awaits Warsh signals on further Fed tightening
- —Barclays expects Warsh to maintain a hawkish stance amid growth and high inflation
- —BofA: a hint at a series of hikes would price in more than 100 bps of tightening
- —Goldman Sachs and BMO do not expect clarity on further steps until new inflation data
- —Deutsche Bank and TD called Warsh's tone key to the rate path
Why it matters: Fed rhetoric will determine the future rate path, directly affecting liquidity and crypto asset prices.
Source: Bloomingbit