In today’s briefing:
- Warsh Kills 2026 Rate Cut Hopes
Warsh Kills 2026 Rate Cut Hopes
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Bitcoin closed at $64,012, down 0.6% as the Fed went hawkish and Digital Credit cracked.
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June 17 FOMC delivered a hawkish dot plot: 9 of 18 officials now project a 2026 hike; median dot rose to 3.8% from 3.4%.
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New Fed Chair Kevin Warsh dismantled forward guidance and announced five task forces to overhaul Fed operations.
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