Former Federal Reserve Vice Chairman Roger Ferguson breaks down the latest December employment figures and shares his take on where the Fed should pivot next.

The jobs report landed cooler than expected, which has everyone wondering: Will the Fed stay aggressive with rates, or is the tide turning? Ferguson's perspective matters here—he's got the insider knowledge on how these decisions really get made behind closed doors.

For crypto traders and investors watching macro trends, this stuff hits different. Fed moves don't just ripple through traditional markets; they shape liquidity flows across the entire digital asset space. When the Fed signals a change in direction, you typically see crypto react accordingly.

Ferguson's analysis gives us a window into the institutional mindset. Are we heading toward more rate cuts? Will policy finally shift toward accommodative territory? These aren't trivial questions when you're managing positions across volatile markets.

Worth paying attention to for anyone tracking how macroeconomic headwinds might reshape the broader investment landscape.