Ken Griffin Predicts Additional Fed Rate Cut Amid Labor Market Concerns

Citadel CEO Ken Griffin anticipates another interest rate reduction by the Federal Reserve this year, potentially lowering the target range to 3.75%-4.00%. His forecast hinges on the central bank's growing unease about weakening employment data, which may prompt a shift in focus from inflation control to job preservation.

The billionaire investor's outlook contrasts with market indicators like CME's FedWatch tool, which currently prices in a 67% probability of two additional cuts. "The Fed is nervous about the labor market," Griffin observed, citing recent declines in job creation figures.

Griffin simultaneously warned about political interference in monetary policy, referencing President Trump's public criticisms of Fed leadership. Such actions, he argues, risk destabilizing inflation expectations and undermining institutional credibility—factors that could indirectly influence cryptocurrency markets as investors seek alternative stores of value.