reply on: Rethinking the Fed Interest Rate Pivot \ stacker news ~bitcoin

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and what can tell you an old cynic :)

Of course, there will be no rate cuts by the FED this year (it will be great if there are no further hikes ;)

The FED will fight inflation, because the presidential election is only a year ahead and US govt with FED must not lose the votes of half of Americans who live day by day without savings and the greater the monthly increase in spending due to inflation, the more they are f...d and nervous
on the same fire of high rates, the FED will cause bankruptcies of US banks (acquisitions ;) ultimately reducing the number of banks to the "Big Four" in "best" scenario
The FED will print cash for bank takeovers on an ongoing basis, because it is obvious that the "Big Four" will not take such losses on their backs for free, but this freshly printed cash will not go directly to the market, so there is a chance that the inflation tsunami will be delayed until after the 2024 election
The FED will advertise that the only way to avoid such a crisis in the future is to introduce CBDC and will get along easily with the "Big Four" rather than with banks "plankton", which will no longer exist