Live updates: Bitcoin stuck near $63,500 even as Fed rate hike expectations dwindle
An in-depth analysis of the U.S. CPI released Wednesday suggests the underlying price pressures remain sticky.
Source: CoinDesk
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DW NOTE
The S&P 500 just hit 7,815 — a new all-time high — while the Strait of Hormuz remains effectively closed and 2,000 ships sit stranded in mined waters. Beth Hammack wants rate hikes because she doesn't trust the inflation cool-down, but equity markets are pricing in neither geopolitical collapse nor monetary tightening. One of these assessments will prove catastrophically wrong.