Citigroup analysts said the Turkish central bank’s sizable interest-rate cut on Thursday begged for an explanation, warning the monetary authority had little room for policy missteps https://t.co/FlpBrNaczX ...

Core Insights - Inflation is expected to worsen before improving, with the Federal Reserve closely monitoring prices and tariffs before adjusting interest rates [1][8] - The Fed anticipates that tariff-driven inflation will influence its interest rate decisions, potentially leading to prolonged higher rates that could slow economic growth [3][8] Inflation Projections - The Federal Reserve projects the Personal Consumption Expenditures (PCE) price index to decrease to 2.4% by 2026, down from a previous forecast of 2.6% [4] - Core inflation, excluding food and energy, is also expected to decline slightly [4] Tariff Impact - The effects of President Trump's tariffs on inflation are just beginning to manifest, with goods inflation primarily occurring in sectors affected by these tariffs [2][5] - Powell indicated that inflation from goods is likely to peak in the first quarter, with a potential decrease in the latter half of the next year if no new tariffs are introduced [6][7] Interest Rate Outlook - The Fed is likely to maintain current interest rates for several months to assess the impact of inflation before making further cuts [9] - Fed officials project only one additional quarter-point rate cut next year, with market participants not expecting significant rate cuts before late April [10] Economic Data Dependency - Future interest rate decisions will heavily rely on upcoming economic data and may be influenced by potential leadership changes at the Fed [12]

US Politics & Policy - Senators to vote on rival health-care measures [1] - Democrats criticize the administration for seizing a Venezuelan oil tanker [1] Monetary Policy - The Federal Reserve lowers its headline interest-rate [1]

Market went up until the Fed interest rate decision yesterday, and started retracing right after.The targets I mentioned weren't reached, but they still remain likely.I will update here if invalidation or targets are hit.il Capo Of Crypto (@CryptoCapo_):Likely up until the next Fed meeting / interest rate decision (December 9–10).Looking at these targets for a lower high:$BTC: $100k–$105k$ETH: $3.7k–$4k ...

The Swiss National Bank kept its interest rate at zero, judging that a weakened inflation outlook doesn’t yet justify a return to negative borrowing costs https://t.co/1wfubF7lLa ...

The Philippine central bank delivered a fifth consecutive cut to its benchmark interest rate and signaled that it is nearing the end of its easing cycle, with domestic demand on track for a gradual rebound after a graft scandal https://t.co/3NsJinErAg ...

The Federal Reserve's starkly divided policy committee cut the central bank's key interest rate by a quarter-point Wednesday, prioritizing helping the job market over fighting inflation. https://t.co/YnBLFzDNJS ...

Australian unemployment held steady as the economy unexpectedly shed jobs and fewer people sought work, suggesting a gradual loosening in the labor market that may allow the Reserve Bank to extend an interest-rate pause https://t.co/86xXUcT4zh ...

Gold held gains after the US Federal Reserve delivered an expected third consecutive interest-rate cut on Wednesday https://t.co/BFXEPDCqaC ...

Fed's Monetary Policy Stance - The market interprets the Fed's recent moves as dovish, suggesting potential future rate cuts, though possibly not in January or March [2] - The Fed's decision to buy T-bills is viewed as a dovish signal [2] - Some analysts believe the Fed is trying to prevent a potential crisis by injecting liquidity [4] - The market initially reacted to the news with a sell-off in miners, but then reversed course, anticipating a rise in gold prices due to potential QE [5] - The Fed is committed to a 2% inflation target [13] - The Fed was influenced by the Employment Cost Index (ECI), which showed wage growth at 35% [15] Market Reactions and Expectations - The bond market's reaction to the Fed's moves was less pronounced than expected, with two-year Treasury yields down by 0007% to 0008% [3] - Small caps finished at all-time highs [11] - The market closed up 0070% intraday [11] - The market anticipates a Santa Claus rally [13]