The Fed's December interest rate meeting has not yet begun, and the market wind direction is already obvious.
Kevin Hassitt, director of the White House National Economic Council, who is seen as a key figure in the popularity of the next Fed chairman, said directly in a recent interview: The Fed should continue to cut interest rates. The timing of this statement is quite delicate.
As planned, the Federal Reserve will hold interest rate meetings on Tuesday and Wednesday, and the final decision will be announced at 3 a.m. Beijing time on Thursday. What does the market think? Now CME data shows that the probability of a 25 basis point rate cut in December has soared to 89.6%.
What's even more interesting is the reaction speed of Wall Street institutions. Veteran investment banks such as JPMorgan Chase and Morgan Stanley previously predicted that the Fed would "stand still", but when they saw the latest employment data weakening, they immediately changed their faces and bet that it would fall by another 25 basis points.
To put it bluntly, the current job market data is indeed not very good-looking, which gives the Fed a reason to continue to release water. For the crypto market, this change in macro liquidity has always been a signal worth watching.
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ZKSherlock
· 16h ago
actually, the whole market-front-running thing here is textbook information asymmetry... people with proximity to policy decisions basically getting free alpha before the rest of us? ngl, that's the privacy erosion nobody talks about. data leakage through institutional positioning, fr fr
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ForkItAll
· 12-10 07:23
These people on Wall Street are really, they turn their faces when they say they turn their faces, and they laugh me to death
Interest rate cuts are over, and crypto is about to take off
As soon as the employment data rots, it starts to release water, and I know this routine with my eyes closed
Kevin really knows how to pick the opportunity, and the position of the next Fed chairman is stable
The probability of 89.6% is almost certain
The Fed is printing money again, and BTC is firmly at home
This wave of liquidity really can't be missed, waiting to see a play on Thursday
The front foot of the institution still said that it would not fall, and it would change its mouth when it turned around, and the "integrity" in the industry was like this
The water release cycle is coming, and the brothers who hoard coins are going to open champagne
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GetRichLeek
· 12-10 07:20
89.6% probability? Isn't this a certainty that interest rate cuts are made, and Wall Street institutions are turning their faces faster than turning books, haha. The wave of fluid water release has to be ambushed in advance, or you will lose blood.
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MerkleMaid
· 12-10 07:17
There is another Wall Street drama, these institutions are really like weather vanes
With an 89.6% probability of cutting interest rates, I feel that the Fed will have to admit it obediently this week, and the era of water release is back?
As soon as the employment data collapsed, these investment banks immediately changed their words, it was really cool to see, and the liquidity had to take off when the encryption was loosened
Kevin's words are equivalent to spoilers in advance, and the next chairman will continue to release water
Is it still far from hitting a new high, everyone? It will be clear at 3 a.m. on Thursday
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HappyMinerUncle
· 12-10 07:16
It's going to cut interest rates again, this time 89.6% is stable, witness history at 3 a.m. on Thursday haha
These people on Wall Street are really, they turn their faces when they say they turn their faces, and they immediately change their words as soon as the data comes out, what kind of integrity
The employment data is poor, but isn't it good for the currency circle to release water, get ready, everyone
Kevin, this guy, grasped the timing perfectly, and directly shouted to release water, which was paving the way for the next appointment
Interest rate cuts≈ printing money≈ asset allocation, I am optimistic about the December market, are you on the car?
Loose liquidity is really a special medicine for encryption, wait and see how it flies on Thursday
Morgan said it couldn't move before, and now they say they will cut interest rates, I don't know who to trust lol
89.6% probability? That's a certainty, and then it depends on how the currency circle reacts
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GhostAddressHunter
· 12-10 07:16
Wall Street's wall grass is really amazing, and the data changes faster than turning a book
With such high expectations of interest rate cuts, I'm worried that it will be anticlimactic in the end... Anyway, we crypto people are just waiting to drink soup
Is poor employment data a good thing? I can't get around this logic
What Powell said in the early hours of Thursday morning is true, and now it's all a guess
Damn, I have to stay up late to read the resolution again, and the quality of sleep is going to be gone again
The number of 89.6% seems stable, but I just have a bad feeling
Liquidity is coming, and the currency circle should be ready to move
Kevin's remarks are a bit too deliberate, and I feel that the hint is quite strong
What about the previous argument of "holding back", aren't you afraid of being slapped in the face so quickly?
The interest rate cut is ironclad, and now we are just waiting to see how far the decline can go
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SandwichDetector
· 12-10 06:58
This is a typical expectation of water release, and the currency circle looks like it's going to be high again.
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JPMorgan Chase and his gang turned their faces so quickly that they laughed to death, and immediately changed their words when the data was weak.
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89.6% probability... Maybe it's a requiem again.
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Kevin's wave of words has stabilized the position of the next chairman.
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Loose liquidity against the benchmark assets has risen in turn, and this old script should have been played.
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Poor employment data = water release, everyone understands this logic, the key is when it peaks.
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The predictions of the Wall Street gang are not as good as looking at CME, which is trouble-free.
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Interest rate cuts have become the norm, but they are worried that one day they will not cut the market.
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At three o'clock in the morning on Thursday, I had to stay up late and watch the market, and I really greedy for sleep time.
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This wave of interest rate cuts is real, or just a smoke bomb, it depends on who steps on the pit.
The Fed's December interest rate meeting has not yet begun, and the market wind direction is already obvious.
Kevin Hassitt, director of the White House National Economic Council, who is seen as a key figure in the popularity of the next Fed chairman, said directly in a recent interview: The Fed should continue to cut interest rates. The timing of this statement is quite delicate.
As planned, the Federal Reserve will hold interest rate meetings on Tuesday and Wednesday, and the final decision will be announced at 3 a.m. Beijing time on Thursday. What does the market think? Now CME data shows that the probability of a 25 basis point rate cut in December has soared to 89.6%.
What's even more interesting is the reaction speed of Wall Street institutions. Veteran investment banks such as JPMorgan Chase and Morgan Stanley previously predicted that the Fed would "stand still", but when they saw the latest employment data weakening, they immediately changed their faces and bet that it would fall by another 25 basis points.
To put it bluntly, the current job market data is indeed not very good-looking, which gives the Fed a reason to continue to release water. For the crypto market, this change in macro liquidity has always been a signal worth watching.