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Bitcoin traders get no fresh Fed rate clues from Chair Warsh
Decrypt reports Warsh’s Jackson Hole keynote maintained a stance of not signaling rate moves, leaving traders focused on a September call for guidance.
Fed Chair Warsh used his first Jackson Hole keynote to avoid offering rate direction, according to Decrypt.
The outlet said the comments landed as inflation is running hot, and Bitcoin traders were already looking for any signals that could affect the outlook for policy and crypto risk appetite.
With Warsh not providing meaningful rate hints, traders are now waiting for September’s call for further guidance on where rates could head.
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