We always have to be cautious at reading too much into any one report and that's going to be even more the case when we have a government shutdown that we're not getting the data that we need to make monetary policy in the context of the overall picture of the job market. It seems like the pre-existing trends that were in place before the government shutdown labor market seem to be continuing uh you know at at a similar rate. You continue to see modest potential overall job creation.and you continue to see ...

Fed cuts rates by quarter point as shutdown data blackout clouds outlook https://t.co/2IuaEktfmH ...

Market Trend - Rate cuts by Powell may lead to crypto market surge [1] - Potential for wealth accumulation in the crypto market [1]

Interest Rate and Monetary Policy - The market is closely watching the 4% level in rates [1] - The Fed is expected to cut rates once or twice this year, with October being largely priced in [7] - Further rate cuts could lead to a terminal Fed funds rate below the Fed's long-run neutral rate, indicating a very accommodative policy [7] Economic Concerns - A government shutdown of the current length is concerning and could impact the economy [4] - The impact of the shutdown on GDP is estimated to be between 0.1% to 0.2% per week [5] Market Dynamics and Investor Behavior - Investors are seeking safe haven assets like treasuries due to concerns about the broader macroeconomic backdrop [3] - There is over 7 trillion in money market fund instruments, indicating a large amount of cash on the sidelines [8] - Investors are allocating to bonds and global equities, with gold being one of many avenues for investment [9] - Money market fund AUMs have been increasing even as equities reach all-time highs, contrary to expectations of money flowing from money markets to equities after the Fed stops hiking rates [11][12]

Since picking Jerome Powell to lead the Fed during his first term, Donald Trump has been demanding lower rates—one of the clearest conflicts of interest in a presidency full of them. https://t.co/GgxKSYOJtd ...

Since picking Jerome Powell to lead the Fed during his first term, Donald Trump has been demanding lower rates—one of the clearest conflicts of interest in a presidency full of them. https://t.co/JQQbK52TQH (Photo: Drew Angerer via Getty Images) https://t.co/WloK49Xfv7 ...

Inflation & Monetary Policy - Gradual pace of rate cuts is acceptable if stagflationary pressures subside [1] - Inflation has been above target for four and a half years, requiring caution regarding aggressive upfront measures [1]

🇺🇸 🚨 POWELL: "Don't feel need to move quickly on rates.""This was a risk management cut." ...

one small cut for rates, one giant speculation for crypto ...

Monetary Policy Stance - The industry suggests the current monetary policy is quite restrictive [1] - The industry believes the Fed's balance sheet has contracted to near neutral after a period of significant stimulus [1] - The combination of the balance sheet and the rate structure indicates a more restrictive environment [3] Interest Rate Considerations - The industry advocates for rates to return to a more neutral level [2] - The industry emphasizes the importance of considering both the balance sheet and the rate structure, rather than solely focusing on the Fed funds rate versus the 10-year yield [2][3] Recommendations - The industry proposes presenting a cogent case to the committee arguing that rates are more restrictive than perceived by the Fed, staff, and street economists [3]