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1. President Trump intensifies pressure on the Federal Reserve Chairman to appoint him, saying, "If there are disagreements, there will be no appointment."
U.S. President Donald Trump took to social media to voice his firm stance on the appointment of the Federal Reserve Chairman. He criticized the market's lack of response to the 4.2% GDP growth rate in the third quarter, significantly exceeding expectations of 2.5%.
"In the past, good news would lift the market, but now it actually causes stocks to fall," he said. "This is because Wall Street, as soon as it hears good news, is worried about interest rate hikes to prevent 'potential' inflation."
President Trump emphasized that "strong markets themselves do not cause inflation, but bad policies create inflation," and that "the new Fed chairman should cut interest rates when the market is good, not suppress the market arbitrarily."
He also said, "The country will never be strong if we allow 'bookworms' to try to destroy the upward trend," and "Anyone who disagrees with me should never become Fed chairman."
2. The probability of the US Federal Reserve freezing interest rates in January next year has risen to 86.7%.
According to CME's "FedWatch," the probability of the Fed holding interest rates steady in January next year is 86.7%, and the probability of a 25 basis point cut is 13.3%. By March, the probability of a rate freeze is 54.4%, the probability of a cumulative 25 basis point cut is 40.7%, and the probability of a cumulative 50 basis point cut is 5.0%.
This indicates that the possibility of a freeze has increased compared to the previous day's forecast (80.1% for a freeze, 19.9% for a cut), indicating that the market's expectations for monetary policy are being adjusted to a more conservative level.
3. White House Economic Committee Chairman: "US Interest Rate Cuts Lagging Far Behind Global Trends"
Kevin Hassett, director of the White House National Economic Council (NEC), stated that "the pace of U.S. interest rate cuts is significantly behind global trends." This remark echoes President Trump's criticism of the Federal Reserve and suggests that the administration favors a more aggressive monetary easing policy.
Coinbase Lists 110 New Assets This Year, Exceeding 350 Total
Coinbase announced in an official announcement that it had "listed 110 new spot trading assets throughout 2025, bringing the total number of cryptocurrencies currently available for trading on the platform to over 350."
5. Russia pushes to open domestic virtual asset trading, allowing limited participation by individual investors.
The Central Bank of Russia plans to establish a regulatory framework for the domestic virtual asset market and allow limited trading participation by individual investors.
Under the new regulations, ordinary investors will be able to trade only the most liquid virtual assets after passing a knowledge test and only through a single broker. Annual trading volume will be capped at 300,000 rubles (approximately $3,800, or about 5.63 million won).
Qualified investors, on the other hand, can purchase any virtual asset, except anonymous tokens, without limit after passing a risk awareness test.
Lee Jeong-seop ljs842910@blockstreet.co.kr
