Data: 318 million USDT flowed from Tether Treasury to exchanges in the past 18 hours
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Goldman Sachs trader's quick comment on Waller's statement: If "Q4 inflation trend remains unchanged," then it's more than just one rate hike.
Goldman Sachs issued a special warning, highlighting a clear internal contradiction between the hawkish remarks made by Waller and the SEP projection that inflation will not fall back to 2% until 2029. If there is no substantial change in the inflation trend in the fourth quarter, the Federal Reserve may adopt a more aggressive front-loading rate hike path than currently indicated in the dot plot, and the baseline expectation of "one more hike" may face upward revision pressure.
U.S. Interest Rates Likely to Remain Elevated Going Into 2027 -- Market Talk
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