BlockchainPioneer2025
At 3 a.m. on December 10, the Federal Reserve will hold another meeting.
How is the market betting this time? The probability of a 25 basis point rate cut has soared to 84%, while the remaining 16% believe rates will stay unchanged.
Powell is probably having a headache right now: if he cuts rates and inflation makes a comeback, what then? But if he doesn’t cut and the unemployment rate really hits 5%, a certain former president will definitely be the first to jump out and start blasting him.
You can almost picture the internal group chat of those 12 FOMC members—the doves are getting anxious:
View OriginalHow is the market betting this time? The probability of a 25 basis point rate cut has soared to 84%, while the remaining 16% believe rates will stay unchanged.
Powell is probably having a headache right now: if he cuts rates and inflation makes a comeback, what then? But if he doesn’t cut and the unemployment rate really hits 5%, a certain former president will definitely be the first to jump out and start blasting him.
You can almost picture the internal group chat of those 12 FOMC members—the doves are getting anxious:
