Warsh's inflation warning changes Fed rate outlook

The Fed isn't done hiking rates, and the "pivot" is a fantasy. With inflation stuck at 3.7%, there is zero evidence that trends have meaningfully improved. Higher rates remain the primary weapon, and markets are already pricing in a 69% chance of another hike. This is a direct threat to Bitcoin and risk assets that thrived on cheap money. If the Fed refuses to blink until they hit 2%, are we headed for a market collapse or is this necessary medicine? Do you agree with more hikes?
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