{"id":59634,"date":"2025-09-12T14:06:08","date_gmt":"2025-09-12T14:06:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/59634\/"},"modified":"2025-09-12T14:06:08","modified_gmt":"2025-09-12T14:06:08","slug":"105-of-107-economists-expect-fed-to-cut-rates-25-basis-points-on-september-17-reuters","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/59634\/","title":{"rendered":"105 of 107 Economists Expect Fed to Cut Rates 25 Basis Points on September 17: Reuters"},"content":{"rendered":"\n

Nearly unanimous consensus among economists points to a Fed rate cut next week, with Bitcoin positioning for a potential rally toward $140,000<\/a> as monetary policy shifts toward accommodation.<\/p>\n

A Reuters poll found 105 of 107 economists expect a 25 basis-point reduction on September 17, marking the first easing since the central bank paused its cycle in January.<\/p>\n

The massive shift towards a rate cut comes after stalling job growth in August and sharp downward revisions erasing 900,000 jobs from the 12-month data through March.<\/p>\n

Markets have fully priced in the September cut and now anticipate three reductions by year-end, compared to two just weeks ago.<\/p>\n

Bitcoin surged above $116,000 following fresh inflation data that reinforced rate cut expectations.<\/p>\n

Producer Price Index unexpectedly declined 0.1% in August against forecasts for a 0.3% increase, while Consumer Price Index confirmed headline inflation quickened but not enough to derail monetary easing bets.<\/p>\n

The softer wholesale inflation and labor market weakness prompted the Fed to shift its focus from price stability concerns to supporting economic growth.<\/p>\n

Weekly jobless claims spiked to 263,000<\/a>, the highest since October 2021, while the unemployment rate holds at 4.3%.<\/p>\n

Source: Reuters<\/p>\n

Bitcoin briefly touched $116,000 as investors positioned ahead of decisive Fed action, with the cryptocurrency gaining momentum from institutional flows and technical breakouts.<\/p>\n

Spot Bitcoin ETFs drew $553 million in net inflows on September 11, marking the fourth consecutive day of gains as allocators seek protection against currency debasement risks.<\/p>\n

Source: SosoValue<\/a><\/p>\n

Traders identified a key MACD bullish crossover on Bitcoin\u2019s chart, the first since April\u2019s low, historically preceding major rallies.<\/p>\n

BitBull noted<\/a> similar patterns drove 40% surges within a month, reaching new highs as momentum indicators flipped positive.<\/p>\n

Technical analysis reveals Bitcoin breaking out of a descending channel containing price action since mid-August.<\/p>\n

Two ascending triangle patterns emerged, with one completed triggering breakouts above channel resistance and a larger triangle validating the bullish thesis toward $120,000 targets.<\/p>\n

However, accumulator addresses holding 266,000 BTC reached record levels even as futures market dynamics signal caution.<\/p>\n

Whale participation declined with smaller traders driving volume, while futures taker sell pressure outpaced buys, creating bearish sentiment that could limit upside momentum.<\/p>\n

Story Continues <\/p>\n

The Value Area High sits at $114,000, with sustained moves above this level potentially pushing prices toward $117,600.<\/p>\n

Conversely, failure to hold $111,950 may accelerate declines toward $107,250 as the market balances strong accumulation against fading speculative activity.<\/p>\n

President Trump intensified criticism of Fed Chair Jerome Powell, demanding immediate rate cuts while threatening major lawsuits over interest cost policies.<\/p>\n

Trump posted on Wednesday, declaring \u201cNO INFLATION!!! TOO LATE. MUST LOWER THE RATE, BIG, RIGHT NOW. POWELL IS A TOTAL DISASTER.\u201d<\/p>\n

The political pressure coincides with Powell\u2019s acknowledgment that employment risks may outweigh inflation concerns.<\/p>\n

Speaking at Jackson Hole, Powell hinted at quarter-point cuts as \u201chighly likely\u201d while warning against assuming rapid easing sequences, stressing policy remains data-dependent.<\/p>\n

In the Reuters report, Morgan Stanley\u2019s Michael Gapen advocated for measured 25-basis-point reductions, noting four months of labor demand slowdown evidence.<\/p>\n

\u201cIn short, ignore where inflation is today and ease policy to support the labor market. We think a 25bp rate cut in September is more likely than a larger cut,\u201d he said.<\/p>\n

Treasury Secretary Scott Bessent has also previously urged steeper 50-basis-point moves after core CPI cooled to 3.1% annually.<\/p>\n

CME FedWatch shows 100% ease probability of September cuts, with major banks including Barclays and Deutsche Bank revising forecasts for imminent easing.<\/p>\n

Source: CME<\/p>\n

Similarly, Crypto.com CEO Kris Marszalek expects a strong fourth-quarter performance for digital assets if rate cuts materialize, citing improved liquidity and institutional adoption driving $1.5 billion exchange revenue.<\/p>\n

As Trump intensifies his replacement threat against Powell, European Central Bank President Christine Lagarde warned that Trump\u2019s Fed independence would create \u201cvery serious danger\u201d for global economic stability.<\/p>\n

Powell\u2019s term expires in May, with replacement discussions intensifying amid political pressure for monetary accommodation.<\/p>\n

Read original story 105 of 107 Economists Expect Fed to Cut Rates 25 Basis Points on September 17: Reuters<\/a> by Anas Hassan<\/a> at Cryptonews.com<\/p>\n","protected":false},"excerpt":{"rendered":"Nearly unanimous consensus among economists points to a Fed rate cut next week, with Bitcoin positioning for a…\n","protected":false},"author":2,"featured_media":59635,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[79,5813,179,18,629,42824,19,5815,17,5129,7441,3191,5121,30056,4125],"class_list":{"0":"post-59634","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-consumer-price-index","10":"tag-economy","11":"tag-eire","12":"tag-fed","13":"tag-headline-inflation","14":"tag-ie","15":"tag-inflation-data","16":"tag-ireland","17":"tag-jerome-powell","18":"tag-monetary-policy","19":"tag-president-trump","20":"tag-producer-price-index","21":"tag-reuters-poll","22":"tag-unemployment-rate"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/59634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=59634"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/59634\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/59635"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=59634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=59634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=59634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}