Kevin O’Leary Pushes Back on Rate-Cut Hype, Predicts Little Impact on Bitcoin
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Bitcoin As traders brace for the Federal Reserve’s final policy meeting of the year, Kevin O’Leary is urging the crypto market to stop obsessing over whether the central bank will cut rates in December. Key Takeaways Kevin O’Leary believes a December rate cut is unlikely and says Bitcoin won’t react much either way. The investor argues inflation remains sticky and policymakers have little incentive to ease. Market expectations for a cut have swung wildly as traders respond to shifting Fed signals. The investor told Cointelegraph the entire debate is misplaced — not because the Fed’s decision is irrelevant to financial markets, but because Bitcoin has reached a point where short-term monetary moves no longer command its direction. Speaking in a Tuesday interview, O’Leary said he does not expect the Fed to trim rates this month and added that even if the market gets a surprise cut, it likely wouldn’t spark a major Bitcoin rally. Inflation Still Too Stubborn, O’Leary Says O’Leary’s skepticism stems from what he sees in the broader economy. Price pressures, he argues, are still far from where the Federal Reserve wants them. U.S. inflation climbed back to 3% in September – the highest level since early in the year – and tariffs, wage costs, and supply-chain adjustments continue to feed underlying inflation. Because the central bank must balance both employment conditions and inflation, he believes officials have little appetite to loosen policy prematurely. In his view, expecting an end-of-year cut is more wishful thinking than sound forecasting. Markets Expect Dovish Action — But the Odds Keep Whipsawing Despite O’Leary’s stance, traders remain overwhelmingly convinced that the Fed will drop rates. CME’s FedWatch data shows expectations sitting near 89%, a dramatic turnaround from just weeks ago when odds briefly plunged toward 30%. The rapid shifts reveal how sensitive…
Filed under: News - @ December 3, 2025 1:50 pm