๐จ#BreakingCryptoNews ๐ Powell Cuts Rates Again! ๐ฐ๐
Big move from Washington ๐บ๐ธ โ Federal Reserve Chair Jerome Powell just announced a 0.25% rate cut, bringing rates down to 3.75%โ4.00%! ๐ฎ๐ต
Powell said this is a โmeasured stepโ to support the economy as job growth slows and inflation cools. ๐๐ฅ
The Fed also confirmed it will end balance sheet tightening starting Dec 1, showing a clear shift toward easing. ๐๏ธ
Markets loved the news โ stocks jumped, gold rose, and the dollar slipped! ๐๐๐ธ
Powell, however, warned that further cuts arenโt guaranteed โ everything now depends on the next data round before Decemberโs FOMC meeting. ๐๐
๐ฌ โWeโre adjusting carefully to keep the economy steady,โ said Powell.
๐ What do you think โ right move or too soon?
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