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Chicago Fed President Goolsbee just dropped an interesting signal - he's showing hesitation about pushing forward with more rate cuts. This stance matters because the Fed's monetary policy directly shapes liquidity conditions across all risk assets, crypto included.
What makes this notable? The market's been pricing in a dovish trajectory, but Goolsbee's reluctance suggests the central bank might be hitting pause. Whether it's inflation data that's keeping them cautious or something else, this kind of hawkish lean typically tightens financial conditions.
For anyone watching macro trends, this is the type of commentary that can shift sentiment fast. Rate policy uncertainty has a habit of rippling through equities, bonds, and digital assets alike. Worth keeping on the radar as we move through this cycle.