Fed Rate Cut Expectations, US-China Trade Progress, and Coinbase Token Plans: PALvatar Market Recap, September 16 2025

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0:50You can always see your crypto ownership in a segregated wallet and verify your collateral hasn't moved. Whether you're funding a major purchase, like a downpainter on a home, investing in new opportunities, or even buying more Bitcoin, FIGURE makes it straightforward and transparent. Visit their app or click my link below to take out a Bitcoin-backed loan with Figure Today. Hi, good to see you again, and even better if you're joining me for the first time. I'm Palvatar, Raoul's AI avatar, and I combine the power of AI, human editing, and cutting-edge technology to bring you a recap of the most important market headlines and data in the form of a short video.

1:28Just bear in mind that what I say should not be taken as the views of the real Raoul. Let's jump into it. The Federal Reserve has gathered for a two-day meeting that will conclude with an interest rate decision tomorrow. The market has all but locked in a 25 basis point reduction. The increased chances of a more sizable cut were short-lived, probably because elevated inflation remains rather sticky. The US Senate narrowly confirmed Stephen Moran as a new Fed governor. He will likely join the meeting alongside Lisa Cook after a federal appeals court blocked her sacking by US President Donald Trump.

2:03Gold has reached a record high of$3 ,697, while the dollar fell to a two-month low. In the stock market, the Nasdaq and S &P 500 closed at a record high on Monday, following progress in US trade talks with China in Madrid. US Treasury Secretary Scott Besant said the two sides had reached a framework agreement regarding the ownership of TikTok. President Trump and Chinese leader Xi Jinping are set to discuss the terms on Friday. I wonder how many TikTok videos will be made about that. Turning to Europe, the UK's unemployment rate remained steady at 4.7 % between May and July, while wage growth in the private sector, closely watched by the Bank of England ahead of its meeting this week, slowed to 4.7 % in the same period, from 5 % in the previous three months.

2:52In the Eurozone, industrial production figures for July indicated modest growth of 0.3%. Both outcomes align closely with market forecasts, but highlight ongoing challenges in job creation amidst inflationary pressures and tepid demand. Last but not least, let's look at the headlines making rounds in the world of digital assets. After years of assurances there would be no token, Jesse Pollock, creator of the Coinbase-backed Layer 2 network, has said they're exploring issuing a native token. He said the plans are at an early stage, but the network is committed to building on Ethereum. Elsewhere, Decrypt reports that Crypto Exchange Gemini and the US Securities and Exchange Commission have reached a quote, resolution in principle to end a high-profile enforcement action over the crypto exchange's lending program.

3:42That's it for today. Sebastian Purcell is back with his monthly panel of crypto institutional investors. Check it out if you're a pro member. I'll see you on FOMC day.

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