Bitcoin Caught Between Hawkish Fed and Dovish Warsh

The Federal Reserve's January meeting minutes revealed a surprisingly hawkish committee. Several officials openly discussed rate hikes. That sets the stage for a dramatic policy clash when Kevin Warsh takes over as chair this summer. The Fed's hawkish stance now threatens to box in Warsh before he even starts, raising the stakes for both monetary policy and crypto markets. A Committee Tilting Hawkish — Right Before a Leadership Change The FOMC voted 10-2 on Jan. 28 to hold rates at 3.5%-3.75%. Governors ...