📰 FED DECISION SUMMARY (October 29, 2025):
1️⃣ Federal Reserve cuts interest rates by 25 basis points, marking the second rate cut of 2025.
2️⃣ Fed Governor Miran dissented, preferring a larger 50 bps cut.
3️⃣ Fed Governor Schmid dissented, favoring no cut at all.
4️⃣ The Fed announced it will end balance sheet reduction (QT) starting December 1st.
5️⃣ Policymakers noted that inflation has edged higher and remains “somewhat elevated.”
6️⃣ The Fed also highlighted that downside risks to employment have increased.
📉 In short: The Fed pivot is now fully underway — signaling a clear shift toward monetary easing amid slowing growth and persistent inflation pressures.