Fed Chair Kevin Warshβs keynote speech at Jackson Hole:
β’ Inflation remains too high, and the Fedβs predominant focus should be on prices
β’ The 2% PCE inflation target is βfirm and fixedβ
β’ Summer inflation data improved, but underlying trends have not meaningfully changed
β’ The Fed still has work to do unless inflation returns to target βclearly and at sufficient speedβ
β’ Labor markets remain stable and consistent with full employment
β’ Broad financial conditions are not restrictive
β’ A βgood majorityβ favored waiting before changing interest rates in July
News | Markets | YouTube
β’ Inflation remains too high, and the Fedβs predominant focus should be on prices
β’ The 2% PCE inflation target is βfirm and fixedβ
β’ Summer inflation data improved, but underlying trends have not meaningfully changed
β’ The Fed still has work to do unless inflation returns to target βclearly and at sufficient speedβ
β’ Labor markets remain stable and consistent with full employment
β’ Broad financial conditions are not restrictive
β’ A βgood majorityβ favored waiting before changing interest rates in July
News | Markets | YouTube
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β€35π₯16π€‘11
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π₯ INSIGHT: Ciaran Lyons asks Hayes where he sees the best crypto risk-reward. Hayesβ answer: Ethereum.
He thinks ETH could deliver a 3β5X move quickly, while Hyperliquid no longer offers the same upside relative to expectations.
#tradesecrets
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He thinks ETH could deliver a 3β5X move quickly, while Hyperliquid no longer offers the same upside relative to expectations.
#tradesecrets
News | Markets | YouTube
β€39π€‘25π₯13π±3π€£2
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π¨ INTERESTING: Barclay's report found that for every $100 in AI model revenue, $35β40 goes to cloud providers, generating $10β20 in operating profit.
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News | Markets | YouTube
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