šµ The #FED's balance sheet increased by $2.6bn in one week!
āŖļø Waller, Fed Chairman:
- DeFi and the use of stablecoins could increase global dominance of the US dollar.
āŖļø Daley, Fed Chairman:
- 3 Fed rate cuts is a reasonable baseline for this year.
āŖļø Bostic, Fed Chair:
- I expect the Fed to start cutting interest rates in the summer, but with positive macro data, it may happen sooner.
- My prediction is 2 Fed rate cuts this year (but maybe 3).
āŖļø Barkin, Fed Chair:
- CPI report confirms why the Fed needs more confidence to ease QE.
š Market expectations (Fed Funds rate):
- 20 March: Pause.
- 1 May: Pause.
- 12 June: 25bp rate cut.
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