Ran Neuner: Market is underestimating dovish Fed risk ahead of first Warsh FOMC

Ran Neuner: Market is underestimating dovish Fed risk ahead of first Warsh FOMC
Market underpricing dovish Fed before FOMC

Ran Neuner, founder of Crypto Banter, states that the market may be underpricing a dovish stance from the Federal Reserve, while rate hike odds have reached 73 percent by year-end.

Neuner points out that Kevin Warsh's first Federal Open Market Committee meeting could surprise market participants.

Neuner has previously commented on significant crypto market events. He reported on Zcash's 51% decline after a critical bug was found to have gone undetected for four years, as detailed here. Neuner also highlighted institutional buying of ETH alongside departures of senior developers, which contributed to price pressure on Ethereum, according to an earlier report.

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