Citadel Securities: The Fed may cut interest rates again this year, but wary of a slowing labor market
Griffin, the founder of Citadel Securities, stated that as the Fed shifts its focus to the labor market, he expects the Fed to cut rates again in 2025. Griffin said, "I think they will cut rates again this year, at most twice. The Fed is concerned about the labor market, as we have indeed seen a decrease in the number of new job positions." Griffin said, "It is difficult to know exactly where we are in the labor market now. What we do know is that without immigration inflow, the growth of the US population would be much lower, which would reduce our ability to create new job positions." As the founder of a large hedge fund and market maker company, Griffin has always advocated for the independence of the Fed. Griffin also opposes Trump's proposal to have publicly traded companies report financial performance every half year instead of every quarter. He told CNBC that he does not understand the benefits of hiding information from the market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP News Today: IMF Cautions That Tokenized Markets Could Face Collapse Without International Cooperation
- IMF warns tokenized markets risk destabilizing flash crashes due to rapid growth and interconnected smart contracts. - XRP highlighted as potential cross-border payment solution but not endorsed, alongside Stellar and Bitcoin-Lightning hybrid models. - Global regulators intensify oversight of tokenized assets, with ESMA, SEC, and central banks addressing governance and liquidity risks. - IMF stresses urgent need for coordinated policy frameworks to prevent fragmentation and systemic vulnerabilities in ev
Solana News Today: Avail's Nexus Mainnet: A Borderless Blockchain Ecosystem
- Avail launches Nexus Mainnet, a cross-chain infrastructure unifying liquidity across Ethereum , Solana , and EVM-compatible chains. - The platform uses intent-solver architecture and Avail DA verification to replace bridges, enabling seamless asset movement and shared liquidity. - Integrations with major chains and partners like Lens Protocol aim to streamline DeFi and trading, while $AVAIL token coordinates cross-chain transactions. - With Infinity Blocks targeting 10 GB blocks, Nexus addresses liquidit
Cardano News Today: ETFs Turn to Alternative Coins While ADA Stumbles and XLM Gains Momentum with ISO Compliance
- Franklin ETF expands holdings to include ADA , XLM, XRP , and others, reflecting institutional altcoin diversification driven by ISO 20022 compliance and SEC-approved rules. - Cardano faces short-term bearish pressure with 31% monthly decline, contrasting Stellar's bullish 2025/2030 price projections ($1.29–$6.19) fueled by RWA and cross-border payment demand. - ISO 20022 adoption (97% payment instructions) positions ADA/XLM as bridges between DeFi and traditional finance, with Ripple's ILP enhancing XLM
AI Crypto Faces a Pivotal Turn: Regulatory Demands Surpass Aspirations in 2025
Trending news
MoreCrypto prices
More
