Former Chicago Fed President Evans Opposes December Rate Cut

2025-12-13 01:46

Former Chicago Fed President Charles Evans has expressed opposition to a proposed 25 basis point rate cut at the upcoming December 2025 FOMC meeting. Evans emphasized the importance of obtaining more on-chain data regarding inflation and labor market trends before making such a decision. The Federal Reserve is currently divided, with some officials advocating for larger cuts in response to persistent inflationary pressures. The CME FedWatch tool indicates a 90% probability of a 25 basis point cut, reflecting market expectations. Traders are closely monitoring altcoin markets for potential reactions as they await further guidance from Fed Chair Jerome Powell.

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