Macro· ★★★★· bearish·

Warsh says inflation still too high, Fed ready to act if needed

  • —Warsh: inflation is 'still too high', lowering it is the Fed's job
  • —Sees US Q3 GDP growth above 3% and double-digit business investment growth
  • —FOMC will decide the policy path based on additional economic data
  • —Recent market volatility was not surprising, Warsh said
Why it matters: The readiness to tighten further if inflation persists weighs on risk assets, including bitcoin, ahead of the FOMC decision.
#BTC
Source: Bloomingbit
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