Former Chicago Fed President Charles Evans has expressed opposition to a proposed 25 basis point rate cut at the upcoming December 2025 FOMC meeting. Evans emphasized the importance of obtaining more on-chain data regarding inflation and labor market trends before making such a decision. The Federal Reserve is currently divided, with some officials advocating for larger cuts in response to persistent inflationary pressures.
The CME FedWatch tool indicates a 90% probability of a 25 basis point cut, reflecting market expectations. Traders are closely monitoring altcoin markets for potential reactions as they await further guidance from Fed Chair Jerome Powell.
Former Chicago Fed President Evans Opposes December Rate Cut
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