Danielle DiMartino Booth, CEO and chief strategist at QI Research, returns to Forward Guidance to share her thoughts on May 3rd’s Federal Reserve’s meeting of the Federal Open Market Committee (FOMC) as well as the ongoing issues at several regional U.S. banks.  Follow Danielle DiMartino Booth https://twitter.com/DiMartinoBooth Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ ____ Apply to host the “Lightspeed” podcast on Blockworks at https://blockworks.co/careers Use code GUIDANCE10 to get 10% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 Research, news, data, governance and models – now, all in one place. As a listener of Forward Guidance, you can use code GUIDANCE10 for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ ____ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://rb.gy/5weeyw Market commentary, charts, degen trade ideas, governance updates, token performance, can’t-miss-tweets and more. Subscribe to the Blockworks Research “Daily Debrief” Newsletter: https://rb.gy/feusos ____ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets. (00:00) Intro (11:02) When Will The Fed Pivot (Cut Rates)? (15:40) Powell Wants To Get Rid Of The Fed Put (25:20) Calling Inflation "Transitory" Was "A Path To Hell" (29:11) "Powell Will Stand His Ground" (34:30) Permissionless (35:34) The Balance Sheet (40:17) Powell Won't Save The Banks (47:41) Blockworks Research (48:41) The Debt Ceiling (54:08) "This Is Going To Be A Really Ugly Recession" (58:03) Door To A June Hike Is Ajar (59:11) The Bernanke Doctrine (01:01:26) Danielle's Views On Private Credit Are Evolving