The December rate is almost locked now.

PCE came in line with the expectations, while Core PCE came lower than expected.

US companies have cut off 1.17 million jobs in 2025, which means the labor market is very weak.

But will all these help the crypto market?

First of all, Fed aggressively cutting rates have been bad for markets.

Also, unemployment rate spiking is one of the key indicators of recession.

Inflation is trending down, while growth is slowing down too.

This is what happens during deflation which is the worst possible outcome.

I think rate cuts won't be enough here.

The Fed will have to inject liquidity for the economy to keep moving.

If that doesn't happen, 2026 could turn out to be a very volatile year.