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Federal Reserve chair Powell speaking at Jackson Hole doubled down on keeping financial conditions tight, including hiking interest rates further if needed. Source
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A few more Fed rate hikes are likely, but "the hardest work is done," one expert said. Source
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"I don't really see a compelling reason to pause rate hikes," Fed's Master said, validating the recent hawkish repricing of interest rate expectations in the U.S. Source
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Bitcoin pops after U.S. PCE price index comes in slightly slower for September than predicted by economists. Original Source
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The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 21, 2022. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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