Stephen. >> Yeah. More hawkish comments this morning from the Fed.Dallas Fed President Lori Logan saying this economic outlook did not call for cutting interest rates. She says she will find it difficult to cut rates again in December. Not a voter this year, but a voter next year.She says that is true unless inflation is falling faster or the labor market is cooling more than appears apparent now or than forecast. The labor market, she says, remains balanced. It's cooling slowly.inflation is too high and it ...

Federal Reserve Bank of Dallas President Lorie Logan said she did not support the US central bank’s decision to cut interest rates this week https://t.co/Cmp0uADfe7 ...

Federal Reserve Bank of Kansas City President Jeff Schmid said he voted against the US central bank’s decision to lower interest rates this week because he’s concerned that economic growth and investment will put upward pressure on inflation https://t.co/mNjJhG92Fg ...

All right, let's talk about the impact of trade, the Fed, and tech earnings on the market. Joining us now, Ed Yardenni, president of Yardeni Research. Ed, good morning.Good to see you. Um, been an interesting 20 hours along all of those fronts. You know, we've got a good test of the elements of the bull case, which are, you know, obviously AI momentum, maybe some kind of trade progress, and then a dovish Fed, which uh maybe is not as dovish as we thought.What do you make of the market response to all that. ...

Fed Policy & Market Outlook - The Fed cut rates by 25 basis points, but the possibility of a further rate cut in December is uncertain due to differing views within the committee [1] - Markets may have been overly optimistic about future rate cuts, as the Fed aims to maintain control over outcomes rather than being driven by market expectations [6][7] - The Fed acknowledges dissension within its ranks, stemming from differing tolerances for inflation above the 2% target and unacceptably high unemployment [5][15] Stagflation Concerns - There are concerns about a potential mild stagflation scenario, with a weakening job market and inflation stuck around 3% year-over-year [8][9] - Inflation remains well above the 2% target, and the labor market's weakness presents a mystery regarding the balance between supply and demand factors [10] - Monetary policy may have limited ability to address labor market issues primarily driven by supply-side factors like declining labor force participation and reduced immigration [10] AI & Economic Impact - The Fed acknowledges the limitations of its tools in addressing specific unemployment issues, particularly those potentially caused by AI-driven layoffs [12][13] - The impact of AI on employment is not yet evident in aggregate data, but the Fed is monitoring the situation [15] - The Fed's tools are too blunt to effectively tamp down on potentially excessive capital expenditure in the AI space, which is driven by expectations of high returns [16][17]

Market Impact - The US Fed's 25 bps interest rate cut is expected to have an impact on crypto markets [1]

Economic & Financial Market Analysis - The Federal Reserve cut its benchmark interest rate by a quarter of a percentage point (025%) for the second consecutive time this year to spur demand in the economy [1] - The Federal Reserve is concerned about the labor market slowdown, with companies like UPS (over 40,000 jobs) and Amazon (over 10,000 jobs) announcing layoffs [1] - The government shutdown delayed the release of important federal government data, impacting the Federal Reserve's decision-making process [1] - Two members of the Federal Reserve's decision-making body did not support the interest rate cut, with one advocating for no cut and another for a steeper cut of half a percentage point (05%) [2] US-China Trade Relations - The US and China have agreed to a framework for a trade deal, with potential discussion points including lower tariffs, easier access to rare earth minerals, and harder measures against fentanyl [1][2] - The United States would likely hold off on the 100% tariffs that President Trump threatened recently, so we'll probably have tariffs around 55% [3] - China will delay imposing its rare earth export controls on the United States, currently, it's scheduled to begin in December 2025, but China could push it for another year if likely fenol be part of the deal [3] - President Trump is not going to completely get rid of the 20% fentanyl tariff but maybe go down to as low as 10% [3] - China has purchased about 180,000 metric tons of fentanyl, which is still less than 1% of its total purchases from 2024, but that's a good sign [3] US Government Shutdown - The government shutdown is in its 29th day, with funding for critical food assistance programs for tens of millions of Americans set to lapse in just two days [3] - The largest union representing federal workers is calling on Congress to pass a clean short-term funding bill to reopen the government [3] - 65% of Americans live from paycheck to paycheck [4] Hurricane Melissa Impact - Hurricane Melissa made landfall in Cuba as a category 3 hurricane, with forecasters warning of a storm surge of up to 12 feet, leading to the evacuation of more than 700,000 people [22] - Hurricane Melissa made landfall in Jamaica as a Cat 5 storm with winds of 185 miles per hour, leaving more than 3/4 of the entire country without electricity [22][23] - Over 200,000 people were evacuated in Holin Province [27]

🇺🇸 Powell and the Fed cut US interest rates as expected Wednesday. But did the crowd "buy the rumor, and sell the news"? Our below insight explores what this result means for crypto, and what we can learn from the many rate cut price fakeouts in 2025. 👇https://t.co/8CfsBVHds4 https://t.co/teUHcIFOnZ ...

Monetary Policy - The Fed cut interest rates again [1] - The future direction of the central bank is uncertain [1]

The Fed cut interest rates again. But what happens next is anyone’s guess. The Big Take podcast breaks down where the central bank could go from here. https://t.co/FQSBhekLYh ...