PANews reported on November 14th that Minneapolis Federal Reserve President Neel Kashkari stated he does not support the Fed's previous rate cut decision, but remains cautiously optimistic about the best course of action at the December meeting. He said on Thursday, "From the scattered evidence and data we have, the fundamental resilience of economic activity is stronger than I expected." He believes this suggests the Fed should pause rate cuts at its October meeting. Since then, available data indicates the economic situation has "remained largely unchanged." Regarding the upcoming December rate decision, he said, "I can offer reasons for a rate cut based on the data, or I can offer reasons for keeping it unchanged; we'll have to wait and see." Kashkari stated after the September meeting that he expected two more rate cuts in 2025. He said on Thursday that at that time he believed the economy was experiencing a more pronounced slowdown. He said, "There have been many reports of low-income borrowers in distress, so it looks like there are indeed some vulnerable areas in the labor market. But many companies are performing well, and many companies are optimistic about 2026."PANews reported on November 14th that Minneapolis Federal Reserve President Neel Kashkari stated he does not support the Fed's previous rate cut decision, but remains cautiously optimistic about the best course of action at the December meeting. He said on Thursday, "From the scattered evidence and data we have, the fundamental resilience of economic activity is stronger than I expected." He believes this suggests the Fed should pause rate cuts at its October meeting. Since then, available data indicates the economic situation has "remained largely unchanged." Regarding the upcoming December rate decision, he said, "I can offer reasons for a rate cut based on the data, or I can offer reasons for keeping it unchanged; we'll have to wait and see." Kashkari stated after the September meeting that he expected two more rate cuts in 2025. He said on Thursday that at that time he believed the economy was experiencing a more pronounced slowdown. He said, "There have been many reports of low-income borrowers in distress, so it looks like there are indeed some vulnerable areas in the labor market. But many companies are performing well, and many companies are optimistic about 2026."

                                                                               Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday.                     The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction.  “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more