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Chicago Fed's Evans Opposes December Rate Cut Amid Inflation Concerns

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Former Chicago Fed President Charles Evans voiced opposition to a 25 basis point rate cut at the December 2025 FOMC meeting, citing the need for more on-chain data on inflation and labor market trends. The Fed remains split, with some officials pushing for larger cuts due to ongoing inflationary pressures. The CME FedWatch tool shows a 90% chance of a 25 basis point cut. Traders are watching altcoins to watch closely for market reactions as they await guidance from Fed Chair Jerome Powell.
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