🇺🇲 Don't expect a Fed fire sale just yet! 📉
U.S. Treasury Secretary Scott Bessent just signaled a "slow and steady" approach to the Fed’s massive balance sheet.
Despite the buzz around nominee Kevin Warsh, Bessent suggests the Fed might "sit back" for at least a year before making major moves.
The highlights:
🔻No Sudden Moves: A rapid shrinking of the balance sheet is off the table for now.
"Ample Reserves": The Fed is likely to maintain a large footprint to keep markets stable.
🔻Policy Shift: Expect a deliberate, year-long evaluation period rather than abrupt changes.
👉🏻 For crypto and macro traders, this suggests a longer tail of liquidity than some hawks feared.
Do you want to see how Bitcoin's price has historically reacted to changes in the Fed's balance sheet?
BREV
0.1536
+7.63%
DUSK
0.1027
-2.46%
KITE
0.1924
+12.84%