Citadel Securities: The Fed may cut interest rates again this year, but wary of a slowing labor market
Griffin, the founder of Citadel Securities, stated that as the Fed shifts its focus to the labor market, he expects the Fed to cut rates again in 2025. Griffin said, "I think they will cut rates again this year, at most twice. The Fed is concerned about the labor market, as we have indeed seen a decrease in the number of new job positions." Griffin said, "It is difficult to know exactly where we are in the labor market now. What we do know is that without immigration inflow, the growth of the US population would be much lower, which would reduce our ability to create new job positions." As the founder of a large hedge fund and market maker company, Griffin has always advocated for the independence of the Fed. Griffin also opposes Trump's proposal to have publicly traded companies report financial performance every half year instead of every quarter. He told CNBC that he does not understand the benefits of hiding information from the market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hilbert Views Concordium as a Link Connecting Traditional Finance and Regulatory-Compliant DeFi Systems
- Hilbert Group invests in Concordium's CCD token, its first core allocation beyond Bitcoin and Ethereum, citing confidence in its institutional-grade blockchain infrastructure. - Concordium's identity-verified blockchain with zero-knowledge privacy supports 2,000 TPS and PayFi features like geofencing, addressing scalability and compliance for enterprise use. - The partnership accelerates institutional adoption of blockchain bridging TradFi and DeFi, leveraging Concordium's MiCA/GENIUS Act alignment and c
WLFI's Burn Initiative: Is It Capable of Recovering from a 50% Price Drop?
- World Liberty Financial (WLFI), backed by Donald Trump, launched a token buyback-and-burn program after 99.8% governance approval. - The initiative redirects 100% of treasury liquidity fees from Ethereum, BNB Chain, and Solana to reduce supply and stabilize price volatility. - WLFI’s token price has fallen over 50% since launch, with analysts predicting 25–50% upside if the program gains traction. - Critics warn buybacks may divert funds from product development, while the project emphasizes prioritizing
Altcoin Optimism Faces Macro Challenges: Federal Reserve Actions Challenge Investor Confidence
- Fed's rate cut sparks altcoin optimism, focusing on Solana and XRP for high returns. - Ripple's $700M BlackRock partnership elevates XRP, projecting $1,000 by 2025 amid institutional adoption. - Bitcoin dips below $109K and Fed's cautious inflation remarks heighten macro risks for crypto markets. - XRP/Solana face intraday declines post-Powell comments, but long-term adoption hinges on utility scaling.
Crypto safety nets in countries facing crises may threaten the stability of monetary regulation
- Moody’s warns rising stablecoin adoption in emerging markets risks undermining monetary sovereignty and policy effectiveness. - Crypto use for remittances and savings in inflation-hit nations like Argentina/Turkey weakens local currency reliance and central bank control. - Pseudonymous wallets and offshore exchanges enable capital flight, destabilizing exchange rates and macroeconomic stability in vulnerable economies. - FSB highlights stablecoins circumventing capital controls, urging harmonized global
Trending news
MoreCrypto prices
More
