FameEX Morning Crypto News Recap | November 10, 2025
2025-11-10 04:33:35Trump Declares: Government Shutdown “Ends Very Soon”
President Trump just posted on social media (Nov 10): the U.S. government shutdown is about to be resolved.
Macro Outlook: Missing CPI Shocker & Non-Stop Fed Commentary
This week's key macroeconomic events include:
On Wednesday, Speeches from New York Fed President Williams, Philadelphia Fed President Harker, and US Treasury Secretary Bessent.
On Thursday, Release of the US October CPI report (including year-on-year unadjusted and month-on-month seasonally adjusted data). Atlanta Fed President Bostic will also speak, and the Bank of Canada will publish its monetary policy meeting minutes.
On Friday, Key US data releases, including October Retail Sales and Producer Price Index (PPI) figures. Speeches are scheduled from St. Louis Fed President Bullard, Cleveland Fed President Mester, and Kansas City Fed President George.
On Saturday, Dallas Fed President Logan and Atlanta Fed President Bostic will participate in a meeting dialogue.
U.S. Shutdown Risk Pushes Fourth-Quarter GDP Into the Red
Kevin Hassett, National Economic Council Director, warned that a prolonged U.S. government shutdown could drag fourth-quarter GDP into negative territory.
U.S. Treasury Chief: Trump Tariff “Dividend” to Be Delivered as Direct Tax Relief
Treasury Secretary Scott Bessent says Trump’s promised $2,000+ tariff “dividend” for every American can be delivered via tax cuts: zero tax on tips, overtime, Social Security benefits, and new deductions for car-loan interest.
CME FedWatch: 66.5% Chance of December Rate Cut
CME FedWatch just flashed: 66.5% odds for a 25bp cut in December (33.5% hold). By January 2026, markets price 53% for at least 25bp total easing, 27.3% for 50bp cumulative, and only 19.8% chance rates stay unchanged.
NY Fed Chief: Middle & Low-Income Squeeze Threatens U.S. Economic Resilience
NY Fed President John Williams warns: crushing financial pressure on middle- and low-income Americans threatens overall economic resilience. While the wealthy ride stock-market gains, high inflation refuses to budge. December’s rate decision is a tightrope walk, with affordability strains already eroding consumer confidence and spending power.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.