Fed Chair Warsh: inflation too high, rate raised by 0.25 pp
- —Rate raised by 25 bps to 3.75–4.00%, unanimous decision — 12:0
- —Fed forecast: 4.1% rate by end-2026, core PCE at 3.4%
- —Warsh dropped forward guidance and stressed independence from the White House
- —US stocks gave up gains and Treasury yields rose after the press conference
Why it matters: The first rate hike in three years increases pressure on risk assets, including bitcoin and the crypto market.
Source: 動區 BlockTempo