Brew Markets Is This A Watershed Moment for the Fed? With Danielle DiMartino Booth
Oct 13, 2025
Danielle DiMartino Booth, CEO of QI Research and former Fed advisor, shares her insider views on the Federal Reserve's recent decisions. She discusses the potential for future rate cuts influenced by labor market metrics and a looming government shutdown. Danielle warns of possible Enron-like risks in financing schemes and evaluates overvaluation in the stock market. Her advice for young professionals includes pursuing trade skills and healthcare careers, emphasizing adaptability in an evolving job market.
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Fed Unity Hid Internal Divisions
- The Fed showed internal divisions before ultimately presenting a unified front in September's vote. The minutes revealed some members preferred no cut while others worried about labor benchmark revisions.
Watch Shutdown Timing Before Betting On Cuts
- Prepare for an October cut but watch the government shutdown duration closely. If the shutdown persists, the Fed may rely on alternative labor indicators before cutting again.
Fed Will Use Alternative Labor Data
- The Fed is increasingly open to nontraditional labor data when official series are unavailable. Policymakers are already using ADP and other proprietary and alternative indicators to gauge labor-market trends.
