WS #10055
Fed held rates at 3.5%-3.75% but dot plot shows 9-9 split with median pointing to a hike; Warsh refrained from submitting a dot, signaling regime change; markets sold off with S&P 500 down 1.2% and crypto down 1-3%.
Hawkish Fed hold reprices risk assets
Fed held rates at 3.5%-3.75% but dot plot shows 9-9 split with median pointing to a hike; Warsh refrained from submitting a dot, signaling regime change; markets sold off with S&P 500 down 1.2% and crypto down 1-3%.