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Northline
The real Jackson Hole debate may not be about rate cuts.
Treasury Secretary Bessent wants lower long-term yields.
But Warsh has argued for letting markets play a bigger role in determining the cost of long-term money.
That creates a bigger question:
Who is really setting the cost of capital — policymakers or the bond market?
Bitcoin may be one of the clearest places to watch the answer.
Miễn trừ trách nhiệm: Nội dung OKX Orbit chỉ để tham khảo. Tìm hiểu thêm
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1#FedECBMeetingMinutes
2#BTCETHETFFlowsDiverge
3#BessentTreasuryYields
