The probability of a 25 basis point rate reduction by the Federal Reserve in December stands at 71%, with a 29% chance of rates remaining unchanged, CME FedWatch data show on November 22. The tool tracks market expectations for Federal Open Market Committee rate decisions based on fed funds futures pricing.

Federal Reserve official Collins said on Nov. 22 that a cautious approach to a December interest rate cut remains appropriate, Jin10 reports. The remarks reflect ongoing deliberations within the Fed on monetary policy adjustments.

Federal Reserve Bank of Boston President Susan Collins said on Nov. 22 that September employment data showed a mixed picture, with payroll gains exceeding forecasts, Jin10 reports. Collins described the Fed's current policy stance as "slightly restrictive," appropriate for present economic conditions. She said it would be suitable for the Federal Reserve to conclude balance sheet reduction, adding that differing policy views among officials are unsurprising during this complex period.

The Federal Reserve may see three or more dissenting votes at its December meeting, potentially ending over 30 years of consensus-driven decision-making, Nick Timiraos reports. Fed Chair Jerome Powell faces the most significant internal resistance of his near eight-year tenure, whether he holds or cuts rates in December. Evercore ISI economist Krishna Guha said the committee could experience severe divisions in the coming year, with monetary policy outcomes determined by narrow majorities rather than broad consensus. President Trump expressed expectations for substantial rate cuts following his anticipated appointment of a new Fed chair in May, though internal opposition suggests such outcomes remain uncertain even with leadership changes.

The probability of a 25 basis point Federal Reserve rate cut in December rose to 71.3%, CME FedWatch data showed on Nov. 22. The shift follows dovish remarks from multiple Fed officials, reviving rate cut expectations after the probability had previously fallen below 30%. The likelihood of rates remaining unchanged in December stands at 8.2%, while January 2026 meeting probabilities show 19.2% for unchanged rates, 57.1% for a cumulative 25 basis point cut, and 23.7% for a cumulative 50 basis point reduction. The next two FOMC meetings are scheduled for Dec. 10 and Jan. 28, 2026.

ALT5 Sigma, a reserve partner of Trump-linked crypto project World Liberty Financial, disclosed in an SEC filing that its CEO was formally suspended on October 16, though internal emails show the board placed him on "temporary leave" as early as September 4, Forbes reports. Securities experts cited by Forbes indicated the timing discrepancy may violate disclosure rules, as SEC regulations require public companies to report material executive changes within four business days via Form 8-K. The same email revealed Chief Revenue Officer Vay Tham was also placed on leave due to a board special committee investigation into "certain matters related to the company." In August, ALT5 Sigma purchased $1.5B in WLFI tokens through circular transactions, with an estimated over $500M flowing to entities linked to President Trump, per the Forbes report.

Federal Reserve official Logan said on Nov. 21 that a rate reduction in December may be difficult to justify, Jin10 reports. Maintaining current interest rates would allow the Fed to better assess the extent of monetary tightening in the economy, Logan stated.

Several Federal Reserve officials signaled openness to further rate cuts on Nov. 21, driving U.S. short-term interest rate futures to price in a 54% probability of a December cut, BlockBeats reports. Fed Governor Kugler said she would support a 25 basis point reduction if her vote proved decisive, noting CPI data will be released after the next FOMC meeting. New York Fed President Williams indicated the Fed may still lower rates in the near term as current policy remains somewhat restrictive, projecting inflation will reach the 2% target by 2027. Fed Vice Chair noted AI-related stock gains reflect actual earnings rather than speculative bubbles, while Fed's Collins anticipated further rate reductions over time.