Powell Testimony: DXY breaks 105, BTC down to 22k as support, new peak rate of 5.60% in futures market

Quick Take Powell spoke on March 7 Powell: New data suggests “the ultimate level of rates is likely to be higher than previously anticipated.” “If the totality of the data […]

Quick Take Powell spoke on March 7 Powell: New data suggests “the ultimate level of rates is likely to be higher than previously anticipated.” “If the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes.” DXY breaks 105, while other major
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