The yen extended losses against the dollar after the Bank of Japan raised its benchmark interest rate by 25 basis points https://t.co/Ojmr1XryTt ...

Monetary Policy - Bank Indonesia held its benchmark interest rate to head off pressure on the rupiah [1]

Monetary Policy & Federal Reserve - The Federal Reserve's independence is crucial [1] - FOMC (Federal Open Market Committee) members' opinions are also important [1] - Interest rate adjustments should be driven by consensus based on facts and data [1] - The Fed's approach to interest rate movements has faced challenges in recent years [1] - The president's economic observations should be considered, and valid points recognized [1]

Joining us now with more on that China and maybe even a little touch of Venezuela is Kyle Bass, founder and CIO at Haymon Capital Management. Kyle, I hope you're ready because we got a lot of things that we want to hit with you. Are you ready. >> I'm ready.>> Let's do this. All right, let's kick things off maybe with the Federal Reserve. Obviously, you're very well known for subprime years ago.Some people suggest the Federal Reserve is making a policy mistake by keeping rates too high for too long. What say ...

Monetary Policy Impact - Federal Reserve's Treasury bill purchases may restrain long-term yields [1] - Bank of America Corp interest-rate strategists suggest potential yield impact [1] Banking System Liquidity - Treasury bill purchases aim to maintain adequate cash levels in the banking system [1]

Monetary Policy - Philippine central bank 可能在当前宽松周期内再次降低基准利率 [1] - 经济复苏可能比预期持续更长时间 [1]

Market Focus - The Federal Reserve's interest rate decision will be announced in just 20 minutes [1]

Interest Rate Policy - The Federal Reserve is expected to cut interest rates for the third time this year [1] - Fed Chair Jerome Powell is holding a press conference after the Federal Reserve announces its interest rate decision [1] News Coverage - NBC News provides fact-based reporting, meaningful conversations, and powerful stories to help people understand what's happening [1] - NBC News offers various platforms including broadcasts, streaming news, podcasts, and apps to keep audiences informed [1] Media Channels - NBC News can be found on various online platforms such as NBCNewscom, Facebook, Twitter, and Instagram [1] - NBC News has a 24/7 streaming news channel called NBC News NOW [1]

Interest Rate Policy - The Federal Reserve is expected to announce its third consecutive interest rate cut [1] - The anticipated rate cut is a quarter-percentage point (0.25%), reducing the key interest rate to a range of 3.5% to 3.75% [1] Key Personnel - Federal Reserve Chairman Jerome Powell will deliver remarks following the Fed's policy meeting [1] Media & Access - CNBC will provide live and exclusive video coverage of Jerome Powell's remarks [1]

FOMC Decision & Market Angst - The options market is pricing in a 1% move on the S&P 500, which initially seems complacent, but is actually above average compared to the muted moves seen around recent FOMC announcements [1][2] - Market participants are showing more angst regarding this specific FOMC decision due to a record number of dissenting votes and the bond market pricing in only a 20-30% chance of a rate cut before June 2026 [2] - Investor angst is reflected in the VIX, which has increased in recent days [3] VIX & Volatility Play - A large trade involving over 52,000 contracts of the December 20 by 25 VIX call spread, costing $1.4 million (28 cents per contract), represents a bet that the VIX could reach 25% by December expiration [4] - This VIX trade could yield a net profit of nearly $25 million on a $1.4 million investment if the VIX reaches the target level [5] Dissenting Opinions & Market Impact - The market anticipates a potentially "hawkish cut" and changes to the FOMC, with data suggesting a 50% chance of three dissenters at the meeting [6][7] - Dissenting votes, reflected in the dot plot, are expected to have a greater impact on the broader market rather than the MAG7 stocks [8][9] - Small caps and value stocks are playing catch-up, while MAG7 stocks are lagging slightly, with concerns about the debt these companies are taking on to pursue AI initiatives [9][10] Financials & Rate Sensitivity - Financials, excluding JP Morgan's recent news, have generally performed well and are expected to be more sensitive to interest rates going forward [11] Oracle & Options Market - Oracle's stock pullback has led some investors to bet on an upside move if the company beats earnings expectations [12][13] - Nearly 2,000 contracts of the December 26 weekly expiration 225/240 call spread were traded at just under $5.50, representing a $1 million premium outlay with the potential to make 1.8% if Oracle is above $240 by the expiration date [13]