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Analysis: Powell is not the biggest obstacle to rate cuts, the Fed's internal consensus mechanism is on the brink of collapse
BlockBeats News, November 22, "Fed Whispers" Nick Timiraos wrote that President Trump stated this week that he expects a significant rate cut after appointing a new Fed Chair next May. However, internal opposition to a rate cut in December within the Fed is growing, indicating that his wish may be hard to realize.
Whether Powell chooses to stay put or cut rates in December, he faces the most serious internal resistance in his nearly eight-year term. This division may persist into next year, meaning that even with a new Chair, more rate cuts are not guaranteed. Some are concerned that if Trump cannot get his way, he may take more aggressive measures to weaken the Fed's independence in exchange for rate cuts.
For over 30 years, Fed Chairs have sought as broad a consensus as possible on rate decisions, with no decisions being made by a slim majority. However, the December meeting is highly likely to see three or even more dissenting votes.
Economist Krishna Guha of Evercore ISI said we are witnessing a breakdown in the decision-making process, and next year we may see a severely divided committee. The (December) meeting feels like a preview of 2026. This implies an unprecedented scenario: monetary policy outcomes may be determined by a very rare slim majority (instead of the traditional pursuit of broad consensus over the years), and a new Chair appointed by Trump may not always be in control of the situation. (FXStreet)
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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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