Market Trends - Cryptocurrency prices, including Bitcoin, experienced volatility due to mixed signals from a weaker-than-expected jobs report and increased expectations of interest rate cuts [1]

The Federal Reserve may implement as many as three rate cuts in 2025 as labor growth slows and political pressure mounts, according to the chief strategist of Europe’s largest asset manager https://t.co/1zAii9lx0W ...

All right, we got to start with the jobs report. What are your expectations. Do you see this as a market moving event or do you think the idea of a rate cuts kind of baked into the market and unless we see an outsized move, the market won't react much.Yeah, you know, clearly the the jobs reports the big news today. We we've already seen softness in some reports this week. You talking about it earlier, you know, but I think the market's absolutely kind of priced in this 25 point basis cut.I think futures are ...

Monetary Policy Outlook - Fed Governor Waller advocated for rate cuts, suggesting the Fed might need to go further to reach neutral [2] - Waller's call for cuts is based on the idea that tariffs are temporary and don't create wider inflation [3] - St Louis Fed President expressed concerns about downside risks to the labor market, indicating flexibility [4] - Atlanta Fed President Bostic maintains a baseline of one rate cut this year but could move to September if the job market slows faster [5] - The market shows a 95% probability of a September rate cut and around a 51% probability of an October cut [6] - The market anticipates the Fed moving towards neutral, with the December 26 Fed funds contract around 3% [8] Market Expectations - The market views a September rate cut as highly likely [7] - The focus is shifting to whether there will be additional rate cuts in the remaining meetings this year [7] - The market expects the Fed to move towards a neutral stance by the end of next year [9] Fed Governance - Fed officials declined to comment on the situation surrounding Fed Governor Lisa Cook [6] - Arguments are being made that potential issues with Lisa Cook's disclosures were known when she submitted her documents [12] - The administration seeks summary judgment on Lisa Cook's case, while her attorney requests a review of relevant documents and interviews [13][14]

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 ...

🇺🇸 FED CHAIR CANDIDATE WALLER: "As of today, I expect further rate cuts within the next three to six months." 📈 https://t.co/fYl3hnbipt ...

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 ...