Fed's Warsh Sent Hawkish Signals at Jackson Hole, LLM Analysis Suggests

Joe Carlasare ran Fed Chair Kevin Warsh's Jackson Hole speech through LLMs blind on the What Bitcoin Did podcast with host Danny Knowles. The models read it as an 80-90% chance of a rate hike, while the bond market was pricing it closer to a coin flip.
Carlasare's take was that Warsh used maximum-hawkish language on purpose, letting a steeper yield curve do the tightening instead of an actual hike. He noted this lines up with the Treasury doubling its long-end bond buyback over the same stretch, from roughly $2 billion to $4 billion, which he called "the match that lit the fuse" for Bitcoin's run toward $80,000.