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Jerome Powell Contradicts Fed's Own Statement, Chaos Ensues - Fedwatch 118

Bitcoin Magazine Podcast

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Is the Fed Going to Continue Raising Rates?

The 10 year is touching the top of this new Fed funds range right now. This is the first time in this whole rate rising cycle that that we're in from the Fed that the 10 year has been this low, this into the Fed funds target range. The three month is inverted above the 10 year. And that is the gold standard for imminent recession when that when those two lines in vert and so it's interesting that the Fed is continuing the 75 basis point move here.

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