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The Federal Reserve cuts interest rates by 25 basis points as scheduled, with the dot plot indicating only one rate cut next year, with future decisions depending on labor market data
BlockBeats News, December 11th, the Federal Reserve announced a 25 basis point rate cut as scheduled at 3:00 AM Beijing time today, lowering the benchmark interest rate to 3.50%-3.75%. This is the third consecutive rate cut meeting, in line with market expectations, with a cumulative 75 basis points rate cut so far this year.
The Federal Reserve's dot plot forecast indicates a 25 basis point rate cut in both 2026 and 2027.
In his latest article, "Fed Whisperer" Nick Timiraos stated that Federal Reserve officials cut rates for the third consecutive meeting. However, there is a more significant concern about inflation or the labor market, and there is an unusual degree of internal division within the Federal Reserve. Therefore, officials have hinted at a lack of willingness to continue cutting rates.
Furthermore, Federal Reserve Chairman Powell stated in his speech that the labor market appears to be gradually cooling, and inflation levels are still slightly high. Inflation risks are skewed to the upside. September labor market data showed a slight increase in the unemployment rate, significant slowing in job growth, and a noticeable slowdown in labor demand, indicating some softness.
Goldman Sachs analyst Kay Haigh stated that the Federal Reserve has reached the "end point of precautionary rate cuts." She believes, "The next responsibility lies in further weakening labor market data to demonstrate that additional recent accommodative policies are justified.
After Powell's speech, Bitcoin briefly surged above $94,000, then continued to fall back, with the price at $91,918 at the time of writing.
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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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