$42

🚨🗽🏦 The Fed Continues Cutting Rates and QT Ends! 📢👌

The FOMC has announced a 25 bps rate cut, lowering the federal funds rate target range to 3.75 %–4.00 %, in line with the ≈ 98 % probability priced in before the meeting 🗣✨️

Key highlights from the statement ↩️⬇️

✦ Economic activity continues to expand at a moderate pace, but job gains have slowed and unemployment has edged higher ⚡️

✦ Inflation has moved up since earlier in the year and remains somewhat elevated ⚡️

✦ The Committee noted that downside risks to employment have risen in recent months ⚡️

✦ The Fed will conclude its balance-sheet reduction (QT) on December 1, marking a clear pivot toward easing after nearly two years of tightening ⚡️

This decision reflects a dovish stance, rate cuts are ongoing while liquidity tightening is set to end ⚡️

🗳️ Vote: 10 in favor, 2 against, Stephen Miran preferred a 50 bps cut, while Jeffrey Schmid preferred no change ⚡️⚡️⚡️

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