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"Fed Mouthpiece": Reasons for Another Rate Cut in January Still Insufficient 2025-12-16 15:55 BlockBeats news, on December 16, Nick Timiraos, a Wall Street Journal reporter known as the "Fed mouthpiece," analyzed today's US employment data, stating that the unemployment rate in November rose to 4.564%, up 12 basis points from September's 4.440%. Powell stated last week that the Fed believes its policy setting will stabilize the unemployment rate, or "will only rise by another one or two percentage points." The new employment report is sufficient to validate the rate cuts the Fed has implemented so far as reasonable, but this alone is not enough to trigger panic and lead to a rate cut in January. After the release of today's US employment and retail sales data, US interest rate futures still expect two rate cuts in 2026. The probability of a 25 basis point rate cut by the Fed in January next year has risen slightly, from 24.4% to 31%. Report Correction/Report This platform has now fully integrated the Farcaster protocol. If you already have a Farcaster account, you can log in to post comments

BlockBeats News, December 16th - Nick Timiraos, a Wall Street Journal reporter known as the "Fed Whisperer," analyzed today's US employment data, stating that the November unemployment rate rose to 4.564%, up 12 basis points from September's 4.440%. Powell said last week that the Fed believes its policy setting will stabilize the unemployment rate, or that it will "only rise another percentage point or two." The new employment report is sufficient to validate the Fed's rate cuts implemented so far as reasonable, but that alone is not enough to trigger panic and lead to a rate cut in January. Following the release of US employment and retail sales data today, US interest rate futures still expect two rate cuts in 2026, with the probability of a 25 basis point rate cut by the Fed in January next year edging up slightly from 24.4% to 31%.