At 7 PM, rumors began to circulate: Federal Reserve Governor Waller may take over from Powell as the new chairman within three weeks. An hour later, the news was confirmed—Waller himself publicly stated that he supports a rate cut at the December meeting.
This rhythm is so fast that it catches people off guard.
The new leader is eager to send dovish signals even before officially taking office. The market is sensing not only the flavor of a policy shift but also the expectation of a return to liquidity. For Bitcoin and the entire crypto sector, once the interest rate cut cycle is restarted, the possibilities for funding will immediately open up.
In the coming weeks, keep an eye on the December interest rate meeting. If it goes as Waller said, there might be a surprise before the end of the year.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
21 Likes
Reward
21
5
Repost
Share
Comment
0/400
ImpermanentPhilosopher
· 11-27 07:43
Waller's recent actions are indeed a bit hasty; he hasn't even settled in yet and is already sending dove signals, which seems to be an attempt to directly boost the market.
View OriginalReply0
FarmHopper
· 11-24 14:46
Waller directly hinted at a rate cut this time, feels even more dovish than Powell... Just waiting to watch the show in December.
View OriginalReply0
IronHeadMiner
· 11-24 14:42
Waller's operation this time is really amazing, he hasn't even settled into his chair before starting to drop dove smoke bombs, let's see the truth in December.
View OriginalReply0
DegenWhisperer
· 11-24 14:40
Once the expectation of interest rate cuts appears, we really need to pay attention. Whether BTC can surge again depends on December.
Two major news items broke out last night!
At 7 PM, rumors began to circulate: Federal Reserve Governor Waller may take over from Powell as the new chairman within three weeks. An hour later, the news was confirmed—Waller himself publicly stated that he supports a rate cut at the December meeting.
This rhythm is so fast that it catches people off guard.
The new leader is eager to send dovish signals even before officially taking office. The market is sensing not only the flavor of a policy shift but also the expectation of a return to liquidity. For Bitcoin and the entire crypto sector, once the interest rate cut cycle is restarted, the possibilities for funding will immediately open up.
In the coming weeks, keep an eye on the December interest rate meeting. If it goes as Waller said, there might be a surprise before the end of the year.