The #Fed ignores the ghosts of the data!
Second rate cut and end of "Quantitative Tightening"
Will it be enough for a possible 'Rally' in crypto?
In a move that dispels macro doubts amid a government shutdown —the second in two months, leaving the Fed "operating in the dark" without key data like non-farm payrolls or retail sales, except for the #cpi from last week—, the Federal Open Market Committee #fomc approved this October 29, 2025, its second consecutive interest rate cut of 25 basis points (0.25%), lowering the range of the federal funds rate to 3.75%-4% in a 10-2 vote.
At the same time, the Fed announced the end of its quantitative tightening (QT, balance sheet reduction) program starting December 1, injecting fresh liquidity into the financial system by pausing the contraction of its $7.5T in assets, a catalyst for risk-on assets in a "somewhat elevated" inflation environment but with increasing risks for employment.