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Will Powell Cut Rates This Week? Macro Analyst’s Top 3 FOMC Crypto Predictions – US Shutdown Warning?
Yahoo Finance·2025-10-06 18:15

Wall Street and the cryptocurrency market are convinced that Fed Chair Jerome Powell will keep his promise and continue cutting rates. It’s the top story fueling FOMC crypto predictions. Futures markets now give a 95% chance of a quarter-point rate cut at month’s end, up from barely half that a few weeks ago. Moreover, the US government shutdown has locked the doors at the Bureau of Labor Statistics, killing the September jobs report and key spending data. With no numbers and no clarity, Powell’s team is ...