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Gate Web3 Top News Selection | December 5: Hassett Predicts Rate Cut in December; American Bitcoin Increases Bitcoin Holdings Against the Trend
Amid the complex and ever-changing market information, what truly matters? "Gate Web3 News Selection" aims to filter out the noise for you. Every day, we curate the most important news from the global crypto market to help you quickly grasp key trends, save time, and gain early insights.
1. Hassett: The Fed May Cut Rates at Next Meeting, Expected Decrease of About 25 Basis Points
Kevin Hassett, Director of the White House National Economic Council, stated that the Federal Reserve may cut interest rates at its next meeting, and the expected cut is about 25 basis points. Regarding the next Fed Chair candidate, he said the Chair needs to be someone who responds to data.
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