INTEL: Powell remarks

-Outlook for employment inflation has not changed much from last meeting
-Purchase of shorter-term Treasury securities to support effective control of policy rates
-Inflation remains somewhat elevated
-Housing sector remains weak

https://x.com/solidintel_x/status/1998838517774893499?s=20

INTEL: Powell remarks

-Near term risks to inflation tilted upside
-There is no risk free policy path
-Rates are within range of plausible neutral estimates
-Monetary policy is not on a preset course
-Recent rate cuts should help stabilize labor market
https://x.com/solidintel_x/status/1998839951278886985?s=20

INTEL: Powell remarks

-Fed well-positioned to determine extent of more moves
-75bps policy rate reduction since September puts it in neutral territory
-Will get a great deal of data before January meeting
https://x.com/solidintel_x/status/1998841093698343291?s=20

INTEL: Powell remarks

-Our two goals are a bit in tension
-Everyone at table agrees inflation is too high
https://x.com/solidintel_x/status/1998841939110838701?s=20

INTEL: Powell remarks

-Effects of rate cuts so far only beginning to be coming in
-AI spending continues
-Policy decisions right now are a close call
-I could make the case for either side
-One tool can't do two things at once
-I don't think a rate hike is anyone's base case
https://x.com/solidintel_x/status/1998842914089185742?s=20

INTEL: FOMC Review Key Takeaways

The Fed delivered a hawkish cut and signaled a pause, keeping its outlook unchanged with one more cut projected in 2026.

The Fed will begin $40B in T-bill purchases on December 12, extending up to three-year notes, stressing these are reserve-management operations and not QE.


Powell’s Press Conference

Powell leaned more dovish than expected. He said the 75 bps of easing since September puts policy in neutral and allows the Fed to wait for incoming data. He described the decision as a “close call,” citing gradual labor-market cooling.

Powell added that key data will arrive before January, AI’s effects are not yet visible in labor metrics, payroll gains may be overstated by around 60k (implying slightly negative job growth since April), the labor market carries downside risks, tariffs are driving most of the inflation overshoot, and T-bill purchases may remain elevated for months

https://x.com/solidintel_x/status/1998874960157356496

INTEL: Alameda (FTX) unstaked 194,861 $SOL ($25,545,060) four hours ago

They have $SOL unlocks once per month
https://x.com/solidintel_x/status/1999043303111905691?s=20

INTEL: Bank of America is now issuing credit backed by $BTC

https://x.com/solidintel_x/status/1999062949235941533

INTEL: Revolut and Trust Wallet have launched instant crypto purchases in the EU with a focus on self-custody
https://x.com/solidintel_x/status/1999088940364804238

INTEL: 🇺🇸 United States Initial Jobless Claims $USD

Actual: 236K 🟢
Expected: 220K
Previous: 192K

🇺🇸 United States Continuing Jobless Claims $USD

Actual: 1,838K
Expected: 1,950K
Previous: 1,937K
https://x.com/solidintel_x/status/1999109616412631069?s=20

INTEL: Disney plans to invest $1 billion into OpenAI

$DIS
https://x.com/solidintel_x/status/1999131736605630800

INTEL: Silver has surpassed Microsoft to become the fifth largest asset by market cap
https://x.com/solidintel_x/status/1999147317954248865

INTEL: Zelenskiy says Ukrainians should decide on territorial concessions via referendum and that Russian withdrawal from parts of Kharkiv, Sumy, and Dnipropetrovsk is part of the discussion
https://x.com/solidintel_x/status/1999149037170184302

INTEL: President Trump says he is considering ending federal taxes on gambling winnings
https://x.com/solidintel_x/status/1999163045679899023?s=20

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INTEL: JPMorgan has created a Solana-based USCP token to facilitate a “landmark” Galaxy debt offering
https://x.com/solidintel_x/status/1999213916757389399?

INTEL: SEC has approved the DTCC’s plan to tokenize stocks, bonds, and treasuries
https://x.com/solidintel_x/status/1999254852543902070?s=20

INTEL: China added 30,000 ounces of gold in November, bringing reserves to 2,305 tonnes and a record $311B, marking its 25th straight month of accumulation
https://x.com/solidintel_x/status/1999411089587449985

INTEL: China is preparing up to $70B in semiconductor incentives, positioning it to launch the largest state-backed chip program ever as nations race to secure local production for AI and national security
https://x.com/solidintel_x/status/1999438211047915940