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.

According to Charlie Bilello, the Federal Reserve has cut the federal funds target range by 25 bps to 3.50–3.75%, citing labor market weakness while noting inflation has run at roughly twice the 2% target over the past six years (source: Charlie Bilello on X). This report is not yet confirmed; official FOMC decisions must be verified against the post-meeting statement and target range published by the Federal Reserve (source: Federal Reserve). If confirmed, a 25 bps cut would lower the policy rate anchor for front-end Treasury yields, potentially easing financial conditions that influence USD liquidity and risk sentiment in crypto, warranting close monitoring of BTC and ETH around policy headlines (source: Federal Reserve).