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「Fed Whispers」: Powell Gears Up for Battle, Half of Colleagues Oppose Rate Cut
BlockBeats News, December 9th, Wall Street Journal reporter Nick Timiraos, known as the "Fed Whisperer," wrote that Federal Reserve officials will hold their final two-day policy meeting of the year on Tuesday. It is possible that as many as half of the members in the meeting room may not support a rate cut. However, the ultimate decision still lies with Chairman Powell. Despite facing rare dissents, he appears to be prepared to push for a rate cut.
The key focus of this week's meeting is whether Powell can gather enough consensus to reduce dissenting votes. One possible path to achieve this goal is to cut the interest rate by 25 basis points to a range of 3.5% to 3.75%, and then signal a higher threshold for future easing through a post-meeting statement revision.
As many as 5 of the 12 voting members of the Federal Reserve's policy committee and 10 of the total 19 members have stated in speeches or public interviews that they have not seen strong reasons for a rate cut. Only one member officially dissented in the October rate cut decision (another board member held an opposing view but advocated for a larger rate cut).
The delayed September nonfarm payrolls report released last month showed stronger-than-expected job growth, but the unemployment rate rose to 4.4% (the highest level since the end of 2021), and the August data was revised down to negative growth. The key question is whether the slowdown in job growth reflects weak labor demand (which supports a rate cut) or a contraction in labor supply due to reduced immigration (which opposes a rate cut).
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
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