Today the first major speech by the new Fed Chair Kevin Warsh at the… — Oscar Crypto

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Today the first major speech by the new Fed Chair Kevin Warsh at the Jackson Hole symposium. This is his debut on the main stage of global central banks

Everyone is waiting not for pretty words about innovations in payments, but for a hint: is inflation still a problem for him, or is it already a "temporary shock"? Do rates need to be raised further, or can we live with the current 3.5–3.75%. Warsh has so far spoken little and vaguely. He doesn't give forward guidance, has set up numerous working groups within the Fed, and keeps repeating the mantra about independence and the 2% target. Some of his committee colleagues already want tightening

The White House on the contrary. So the reaction could be sharp in either direction: Treasuries, the dollar, indices, Bitcoin. Even if he again retreats into "big picture" questions, the very fact of his debut on this stage already moves the market.

I think that whale wallet didn't just randomly go long out of thin air yesterday for no reason