Fed Splits Ahead of Key December Meeting as Rate-Cut Debate Grows
5 Articles
5 Articles
Two Fed Governors Back Interest Rate Cut In December
Fed Governors Christopher Waller and Stephen Miran expressed their support for another interest rate cut in December. Miran proposes “large rate cuts” due to tight monetary policy. CME Fedwatch and Polymarket indicate a significant jump in sentiment for another interest rate cut in the next FOMC meeting. Cryptocurrency investor sentiment continues its gradual recovery, with Bitcoin (BTC) and other large-cap altcoins staging significant rallies a…
Fed May Pause After December Cut
A strong economy equals a strong currency. The US dollar remains stable even as the probability of a Fed rate cut in December rises to 81%. A leading indicator from the Federal Reserve Bank of Atlanta signals an acceleration in gross domestic product from 3.8% in the second quarter to 4.2% in the third quarter. The BLS is set to release GDP data for July-September before Christmas. This is likely to be a gift to both the White House and all Amer…
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