Rebel Capitalist News Fed Rate Decision Preview (What You Need To Know)
Dec 10, 2025
George delves into the nuances of the Fed's upcoming rate decision, questioning the dramatic narratives spun by the media. He emphasizes the significance of the yield curve over Fed statements in understanding market rates. The discussion challenges the notion that tariffs are a major driver of inflation fears. He asserts that a minor rate cut won’t significantly impact yields. Additionally, George touches on silver's recent rally and its industrial demand, urging listeners to keep a clear perspective on these developments.
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Fed Dissent Is Largely Theatrical
- Fed internal dissent is presented as decisive but often reflects performative debate.
- Gammon calls the public disagreement 'kabuki theater' and argues it distracts from real market signals.
Fed Funds Versus Market Rates
- The Fed funds rate mainly controls overnight interbank lending and does not directly set long-term market rates.
- George Gammon shows the yield curve is already below the Fed funds rate, so Fed moves have limited impact on economy-wide rates.
Tariffs Overstated As Inflation Driver
- Fed members cite tariffs as an inflation risk, but Gammon argues tariffs haven't produced rapid CPI acceleration.
- He suspects the tariff narrative is exaggerated and possibly politically motivated.