Christine Kim (Galaxy Research) on ETHDenver & Upcoming Ethereum Upgrades
Galaxy Brains
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The Fed Is Not Going to Last Forever
The two-tense curve that has now broken 100 basis points. I think as we sit now, we're at 107 basis points of inversion. Why is that? Because it's a belief in the future path of Fed policy. The market thinks that if you jack up rates to five, six percent, et cetera, what is that going to do? That's going to slow the economy down. And eventually the Fed will have to cut rates as a response to that. It's almost an easing of monetary policy in a way. Which he doesn't want to be doing.
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