Mmastodon BusinessCrypto first seen 1 d ago, last 1 d ago, peak #2
Kevin Warsh defends Fed refusal to publish rate roadmap
Original: 🏦 El Fed se niega a dar hoja de ruta: Kevin Warsh defiende retener flexibilidad y no atarse a pronósticos que caduquen.
Federal Reserve figure Kevin Warsh has defended the central bank's refusal to lay out a rate-cut roadmap, arguing that committing to forecasts that quickly expire would strip policymakers of needed flexibility. He pointed to New Zealand and Canada taking different paths against the same inflation as proof that rigid guidance can mislead. Markets are described as left without a compass, and the debate is spilling over into discussion of bitcoin as a hedge against monetary uncertainty.
Why now: Investors are anxious about Fed rate policy direction and what the lack of guidance means for markets and bitcoin.
Kevin WarshFederal ReserveBitcoinNew ZealandCanada
Evidence
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