Monetary Policy Outlook - The speaker advocates for initiating rate cuts at the next meeting due to a softening labor market [1][4] - The speaker initially faced skepticism regarding the labor market's performance, but subsequent data validated concerns [2][3][4] - The speaker suggests the possibility of multiple rate cuts over the next 3 to 6 months, contingent on incoming data [5] - The speaker emphasizes that rate cuts do not need to follow a predetermined sequence [4] Labor Market Analysis - The speaker notes that the labor market's deterioration tends to be rapid and nonlinear [4] - Discrepancies existed between anecdotal evidence (no hiring, layoffs) and initial BLS (Bureau of Labor Statistics) data [2][3] - The speaker believed that initial BLS numbers were inaccurate, which was later confirmed [3][4] Inflation Concerns - The speaker is not personally concerned about tariff inflation, but acknowledges that it remains a widespread concern [5]

JUST IN: 🇺🇸 Fed Governor Waller says he favors multiple rate cuts in 2025. ...

This damn thing is gonna flip USDC next year, isn't it???Aylo (@alpha_pls):Reminder that Ethena directly benefits more from rate cuts than any other protocol.As risk free yield comes down Ethena's yield goes up and becomes even more attractive for entities exiting treasuries.It's not a surprise Ethena is looking stronger than almost everything else https://t.co/8qJCSXKXY2 ...

Monetary Policy Outlook - Federal Reserve (FED) Chair Candidate Waller expects further rate cuts within the next three to six months [1]

Monetary Policy & Leadership - Potential removal of Lisa Cook from the Federal Reserve [1] - Aim to secure a majority within the Federal Reserve [1] - Target interest rate cuts of 300 basis points (3%) [1] Cryptocurrency Market - Expectation for Bitcoin and Crypto market surge [1]

Trump just fired Lisa Cook from the Fed board.If she steps down, Trump secures the majority.With Trump calling for 300 bps rate cuts…Risk assets like crypto will absolutely explode! https://t.co/OvQmR1DccJ ...

Going live for UNDER EXPOSED in 15 minutes!We are talking:-Jackson Hole, Lisa Cook and rate cuts-Bitcoin's ghost month off to a spooky start-Tom Lee's bottom calls+ SOL DATs + news on some $$ giveaways + a lot moreJoin us live at 12 pm ET!DeeZe ⛳🏌️‍♂️ (@DeeZe):Going live in 30 minutes with @Tyler_Did_It + @CSURAM88 for this week’s episode of @UnderExposedFM 🥂https://t.co/MzR6B23xjy ...

JUST IN: 🇺🇸 $1.4 trillion Morgan Stanley expects Fed rate cuts in September as Powell shifts tone 🚀 https://t.co/5zAKnqemD7 ...

💥BREAKING:🇺🇸 Morgan Stanley expects Fed rate cuts in September as Powell signals a shift in tone. – Reuters https://t.co/XoQAZHmmAg ...

JUST IN: Morgan Stanley expects Fed rate cuts in September as Powell shifts tone. -Reuters https://t.co/hLi2BA7Zu4 ...