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Former Fed Vice Chair Supports Hawkish Rate Cut, Target Inflation Reduced to 2%

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**On December 9, the Federal Reserve will hold its FOMC interest rate meeting. Former Fed Vice Chair Lael Brainard said in an interview that if she were involved in this rate decision, she might choose a hawkish rate cut.** **Brainard noted that without official data, she would rely on non-government employment figures from sources like ADP and RevelioLabs—both showing a decline in U.S. job counts. Citing the Fed’s goal to avoid a self-reinforcing economic downward spiral and further layoffs, she personally favors another rate cut first, followed by a period of steady rates, and a firm commitment to bringing inflation down to 2% over the next two years (what she defines as a "hawkish rate cut").** **She added that Americans’ top concern is inflation and prices.**
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Ethereum Foundation affiliated address sent 5748 ETH to Kraken, approximately $17.89 million

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Trump: Rate Cut is Fed Chairman's Litmus Test

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Trump May Adjust Tariffs to Lower Prices on Some Goods

On December 9, Politico reported that U.S. President Donald Trump may adjust tariffs to lower prices for some goods.

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OKX will list NIGHT perpetual swap trading.

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Mainstream Perp DEX Overview: Unfunded contract amounts increase while TVL decreases, indicating a slightly higher market risk appetite

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