#Fed interest rate cut for the second time – a moderate signal to keep the market steady

The meeting on October #FOMC concluded with the Fed's decision to cut interest rates by 25 basis points – the second cut of 2025, as expected by investors. However, internal divisions within the Fed continue: Governor Stephen Miran (appointed by Trump) opposes this move as he wants to maintain the current interest rates, while Jeffrey Schmidt believes a stronger approach is necessary.

The Fed also announced the end of the quantitative tightening (QT) program on December 1 – a turning point for liquidity policy. However, the statement acknowledged that inflation has ticked up and is still "relatively high," indicating that the Fed is not entirely comfortable with price levels.

Nevertheless, a moderate tone continues to prevail. The market sees this as a sign that the Fed is prioritizing stable growth over further tightening.

👉 The dollar immediately cooled down, and expectations of the Fed's "soft pivot" are gradually returning to the center of the stage.