Live Day 13｜In-depth breakdown of last night’s Fed Chair speech—understand short-term volatility and the outlook for the year

Last night, the new Fed Chair, Waush, delivered a consistently hawkish press conference, directly throwing the market’s prior rate-cut expectations off course. Today, we’ll lay out the underlying logic, the impact on market price action, and three possible future trajectories in one go—so both newcomers and experienced traders can understand it. See you tonight.