Fed Officials Say Interest Rates to Remain Higher for Longer

<p><em><span style="font-weight: 400;">This episode is sponsored by</span></em> <a href= "https://pro.nexo.io/?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_pro_oct22"> <em><span style= "font-weight: 400;">Nexo.io</span></em></a><em><span style= "font-weight: 400;">,</span></em> <a href= "https://www.circle.com/en/usdc/businesses"><em><span style= "font-weight: 400;">Circle</span></em></a> <em><span style= "font-weight: 400;">and</span></em> <a href= "https://www.kraken.com/"><em><span style= "font-weight: 400;">Kraken</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <p> </p> <p><span style="font-weight: 400;">On today’s episode, NLW turns back to the macro, where some amount of optimism had seeped into risk assets since a better-than-expected inflation report a few weeks ago. On Monday, a group of Federal Reserve officials were trotted out to make the point to markets they might once again be getting ahead of themselves with expectations of any sort of soon-to-be Fed pivot. </span></p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><a href= "https://pro.nexo.io/?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_pro_oct22"> <strong><em>Nexo Pro</em></strong></a> <em><span style= "font-weight: 400;">allows you to trade on the spot and futures markets with a 50% discount on fees. You always get the best possible prices from all the available liquidity sources and can earn interest or borrow funds as you wait for your next trade. Get started today on</span></em> <a href= "https://pro.nexo.io/?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_pro_oct22"> <em><span style= "font-weight: 400;">pro.nexo.io</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><a href= "https://www.circle.com/en/usdc/businesses"><strong><em>Circle</em></strong></a><em><span style="font-weight: 400;">, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor