Fed's Daly: Job Market Could Suddenly Weaken, Supports Rate Cut in December

By: theblockbeats.news|2025/11/24 23:45:56

BlockBeats News, November 25th. According to The Wall Street Journal, Mary Daly, President of the Federal Reserve Bank of San Francisco and a 2027 FOMC voter, expressed her support for an interest rate cut next month. She believes that the likelihood of a sudden deterioration in the labor market is greater than a sharp rise in inflation and is also more difficult to control. In an interview on Monday, she stated, "I'm not confident that we are ahead in the labor market. The labor market is now fragile enough, and the risk lies in a nonlinear change."

She mentioned that, in contrast, the risk of an inflation surge is lower because the cost increase driven by tariffs is much more moderate than earlier expected this year. Daly's viewpoint is noteworthy. Although she does not have a vote on monetary policy this year, she rarely publicly disagrees with Federal Reserve Chairman Powell. At the meeting on December 9th to 10th, Daly may play a key role in resolving the internal FOMC debate on whether to cut interest rates or pause the rate hike. (Forex Factory)

Interest rate decisions by major central banks such as the Federal Reserve are significant macroeconomic events impacting global financial markets, directly influencing market liquidity expectations and risk appetite. As the cryptocurrency market continues to develop and its trading structure and participants mature, the crypto market is gradually being incorporated into the macroeconomic pricing system.

U.S. Bank Industry Embraces Blockchain Transition

Key Takeaways The U.S. banking sector is transitioning towards blockchain technology as regulatory discussions turn into implementation. The…

Fed Chair Candidate Upsets Expectations, Powell Surges Ahead: Will "Rate Cuts + Balance Sheet Reduction" Become the New Main Theme?

Powell has recently advocated for a rate cut, but he is more hawkish on balance sheet issues.

Trump’s Influence on Interest Rates: A Matter of Debate at the Fed

Key Takeaways Kevin Hassett, a leading contender for the Federal Reserve chair, asserts that President Donald Trump’s views…

How Prediction Markets Raise Insider Trading and Credit Risks

Key Takeaways: Prediction markets are becoming significant financial players, turning opinions into tradable assets but raising concerns about…

FOMC December 2025 Rate Cut Analysis: Impact on Bitcoin Price and Crypto Market for WEEX Users

The Federal Open Market Committee (FOMC) meeting on December 10, 2025 concluded with a widely anticipated 25 basis points (0.25%) rate cut, bringing the federal funds target range to 3.50%–3.75%.

Best Altcoin to Buy Now Under $0.01 – December 10

Key Takeaways: PEPENODE ($PEPENODE) is highlighted as a promising altcoin to consider, especially for those seeking investment opportunities…

The Fed Cuts Rates Again But Disagreement Increases, Next Year's Path May Lean More Conservative

While this interest rate cut was as expected, there was a rare internal Federal Reserve divergence, hinting at a potential extended pause in the future. At the same time, they stabilized year-end liquidity by purchasing short-term bonds.