According to @KobeissiLetter, Fed Chair Jerome Powell said policy rates are in a plausible range of neutral, which the post interprets as a signal that the Fed may pause rate cuts again. Source: The Kobeissi Letter on X, Dec 10, 2025. Based on The Kobeissi Letter's interpretation, the tradable takeaway is the possibility of a pause in further cuts, prompting traders to reassess near-term easing expectations. Source: The Kobeissi Letter on X, Dec 10, 2025.