According to @KobeissiLetter, Fed Chair Powell on Dec 10, 2025 highlighted rising downside risks to employment, US inflation that remains somewhat elevated, policy rates now in a plausible range of neutral, and an upward revision to the Fed’s 2026 GDP growth forecast; the post’s fifth item was not fully visible. Source: The Kobeissi Letter on X, Dec 10, 2025. For traders, the neutral-range stance alongside still-elevated inflation keeps focus on Fed-dated OIS, UST 2Y/10Y, DXY, real yields, and the sensitivity of Bitcoin (BTC) and Ethereum (ETH) to rate expectations to gauge risk appetite and liquidity conditions. Source: The Kobeissi Letter on X, Dec 10, 2025.