#WarshFedPolicyOutlook Is the Fed Making a Policy Mistake?๐จWaller vs.The Pause
The Fed just held rates steady (3.50%โ3.75%), but Governor Christopher Waller isn't having it.He just dropped a bombshell dissent, calling out "Zero.Zip. Nada." job growth in 2025. ๐
The Waller View:
Labor Market: He believes itโs much weaker than the "hard data" suggests.
Inflation: Heโs "looking through" tariff-related spikes, seeing core inflation near the 2% target.The Goal: Waller wants rates at 3.0% (Neutral) ASAP.
What this means for Crypto: If Waller (or the rumored frontrunner Kevin Warsh) takes the lead, expect a faster "pivot" to lower rates. Lower rates = Cheaper USD = Bullish for $BTC and Risk Assets. ๐$XPT $XPD
Are we heading for a 3% rate by summer? Let me know your thoughts below! ๐
