# Сопутствующие статьи по теме Hawkish

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Hawkish", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Will the Fed Still Cut Interest Rates? Tonight's Data Is Crucial

The core debate surrounding the Federal Reserve's potential interest rate cuts is intensifying amid geopolitical conflict and rebounding inflation. The key question is whether high energy prices will cause persistent inflation or weaken consumer demand enough to force the Fed to cut rates. Citigroup presents a bullish case for cuts, arguing that oil supply disruptions from the Strait of Hormuz are temporary and will not lead to lasting inflationary pressure. They point to receding bond yields and oil prices as evidence the market is pricing in a short-lived shock. Citi's data also shows tightening financial conditions, a stabilizing labor market, and healthy tax returns, supporting their view that the path to lower rates remains open. Conversely, Deutsche Bank offers a starkly contrasting, more hawkish outlook. They argue the Fed's current policy is already neutral and expect rates to remain unchanged indefinitely. Their view is based on stalled disinflation progress and a shift toward more hawkish rhetoric from key Fed officials like Waller, who cited risks from prolonged Middle East conflict and tariffs. Other officials, including Williams and Hammack, signaled rates would likely stay on hold for a "considerable time." The market pricing has shifted dramatically, now forecasting zero cuts in 2026. The imminent release of the March retail sales "control group" data is highlighted as a critical test. This metric, which excludes gas station sales, will reveal if high gasoline prices are eroding consumer spending in other areas. A weak reading could support the case for imminent rate cuts, while a strong one would bolster the argument for the Fed to hold steady. This data is pivotal for determining the near-term policy path.

marsbit04/21 02:47

Will the Fed Still Cut Interest Rates? Tonight's Data Is Crucial

marsbit04/21 02:47

The Real Culprit Behind the Crypto Crash: The Warsh Effect

The cryptocurrency market crash, termed the "Warsh Effect," is attributed to former Federal Reserve Governor Kevin Warsh's potential nomination as the next chair. Following the announcement, Bitcoin fell to $78,214 (down 6.9% in 24 hours, 12.4% weekly), Ethereum to $2,415 (down 10.5% in 24 hours, 18.2% weekly), and other major altcoins like Solana also experienced significant double-digit losses. Warsh, known as a monetary policy hawk, has historically emphasized inflation vigilance and criticized post-2008 crisis stimulus measures. Markets reacted negatively due to expectations of tighter monetary policy, higher real interest rates, and reduced liquidity—conditions unfavorable for risk assets like crypto. This triggered over $1 billion in net outflows from US Bitcoin and Ethereum ETFs, initiating a cascade of liquidations that accelerated the sell-off. However, Warsh has also expressed constructive views on Bitcoin, calling it a valuable policy barometer and highlighting the US strategic interest in leading crypto development. His appointment requires Senate confirmation and, even if approved, he would only be one vote on the FOMC, which currently holds a cautious consensus on rate cuts. The market's reaction reflects a clash between the bearish narrative of tighter liquidity and a bullish perspective that considers Warsh's pro-innovation stance and political context. The key upcoming event is his Senate confirmation hearing, which will provide clearer signals on future monetary and regulatory policy.

Odaily星球日报02/01 11:13

The Real Culprit Behind the Crypto Crash: The Warsh Effect

Odaily星球日报02/01 11:13

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