Spot Silver Hits Another All-Time High

On December 11, U.S. President Trump reiterated criticism of Federal Reserve Chair Powell, noting the Fed’s rate cut was too small and could have been larger. FXStreet: Fed could have doubled the size of its rate cut.

On December 11th, Informa Global Markets weighed in on Federal Reserve Chair Jerome Powell’s latest speech—specifically the so-called “hawkish rate cut” dynamic. Powell noted tension in the Fed’s dual mandate, while acknowledging little has changed since the central bank’s last meeting. His overall stance remained consistent with prior remarks. The most memorable line from the press conference: “The current economy isn’t like an overheated one that triggers wage-driven inflation.” (Source: ForexLive)

On December 11, Informa Global Markets weighed in on the FOMC’s decision, calling it mildly dovish—only two committee members dissented against a rate cut, favoring keeping rates unchanged. Wall Street had braced for a more hawkish tone from inflation hawks—but the hawks blinked when the vote rolled around, per FXStreet.

On December 11th, per HTX market data, Bitcoin has broken through $94,000, posting a 0.37% gain over the past 24 hours.

On Dec. 11, Federal Reserve Chair Jerome Powell told reporters at a press conference that the Fed is unlikely to raise rates next—since policymakers’ new projections don’t align with economic fundamentals. “I don’t think a rate hike is anyone’s baseline expectation,” Powell said. Meanwhile, he signaled rates could stay on hold in the near term. (FXStreet)

On December 11th, analyst Anna Wong said: “My take is the overall tone of the policy statement and updates leans dovish, though there are also some potential hawkish cues. On the dovish side, the committee significantly revised up its growth trajectory, cut its inflation outlook, and left the ‘dot plot’ unchanged. The Federal Open Market Committee also announced the start of reserve management purchases.” That said, one signal in the policy statement suggests the committee is inclined to pause rate cuts indefinitely. She added: “While the dot plot calls for just one rate cut in 2026 (markets are pricing in two), we think the Fed will end up cutting rates by 100 basis points next year. That’s because we expect wage growth to stay subdued, and we don’t see clear signs of a meaningful inflation resurgence in the first half of 2026.” (FX Street)