• bitcoinBitcoin (BTC) $ 101,634.00
  • ethereumEthereum (ETH) $ 3,425.59
  • tetherTether (USDT) $ 0.999836
  • xrpXRP (XRP) $ 2.35
  • bnbBNB (BNB) $ 954.24
  • solanaWrapped SOL (SOL) $ 153.78
  • usd-coinUSDC (USDC) $ 0.999712
  • staked-etherLido Staked Ether (STETH) $ 3,424.24
  • tronTRON (TRX) $ 0.294806
  • dogecoinDogecoin (DOGE) $ 0.170570

Fed's Waller: Labor market weak, having an effect on inflation

Inflation expectations anchoredShould proceed based on what data is telling usShould look through tariff-driven inflationExcluding temporary inflation, PCE is running at 2.5%Biggest concern now is labor marketStill advocates cutting rates in DecemberRight thing to do is to keep cuttingHe wants that Fed job.
This article was written by Adam Button at investinglive.com.

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💡 DMK Insight

Inflation expectations are stabilizing, but the labor market remains a wild card for traders. With ADA currently at $0.61, the Fed’s potential rate cuts could influence crypto sentiment, especially if inflation metrics like the PCE hold steady at 2.5%. If the Fed cuts rates in December, it could lead to increased liquidity, which historically boosts crypto prices. However, if labor market data shows weakness, it could trigger volatility across the board. Traders should keep an eye on upcoming labor reports and how they might sway Fed decisions. The flip side? If inflation continues to surprise to the upside, we could see a hawkish pivot that might pressure ADA and other altcoins. Watch for ADA’s support around $0.55; a break below could signal further downside risk. Conversely, a rally above $0.65 could reignite bullish momentum. Timing is key here, so stay alert for any shifts in the Fed’s narrative and labor market indicators.

📮 Takeaway

Watch ADA closely; a break below $0.55 could signal more downside, while a rise above $0.65 might indicate renewed bullish sentiment.

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