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1Bitget Daily Digest (Dec. 16)|Crypto market sees $508 million in long liquidations over 24 hours; Hassett faces opposition from Trump-aligned senior figures in Fed chair contest2Bitget US Stock Morning Report | US Stocks Fluctuate and Retreat, Tesla Hits New High for the Year, Fed Shows Strong Economic Confidence, Non-farm Payrolls to be Released Tonight, Commodity Prices Fluctuate Violently3Bitcoin sees ‘pure manipulation’ as US sell-off liquidates $200M in an hour
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Flash
- 14:23Analysis: The Federal Reserve is already distracted, and data may not prompt it to make major decisionsAccording to Odaily, Peter Anderson, founder of Anderson Capital Management, commented on the latest non-farm payroll data, stating that investors hope for everything to remain stable without any surprises, and even if there are fluctuations, the magnitude will not be too great. When the unemployment rate rises even slightly, it increases the likelihood of continued interest rate cuts. However, as we have seen in the past, this is not a consistently sustained trend. "We are now seeing some divisions within the Federal Reserve Committee. Some oppose the recent rate cut decisions, and there is currently heightened attention on who will lead the Federal Reserve. Therefore, the Federal Reserve is now in an unprecedented state of distraction, and no major policy decisions will be made until all these issues are resolved." (Golden Ten Data)
- 14:21Hashett: Trump Believes Interest Rates Can Go Lower, Plenty of Room for Rate CutsBlockBeats News, December 16th, American National Economic Council Director Hassett was interviewed by CNBC, where he discussed the Federal Reserve and stated that President Trump believes interest rates can be lower, which is correct according to Trump. He mentioned that there is a lot of room for rate cuts and that it is possible to achieve 3% growth and 1% inflation again.
- 14:19Hassett: If I were the Chairman of the Federal Reserve, I would negotiate with the committee on interest rate cuts.ChainCatcher News, according to Golden Ten Data, Hassett, Director of the White House National Economic Council, stated that if he were the Chairman of the Federal Reserve, he would have to negotiate with other committee members on the issue of interest rate cuts.
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