When will the Federal Reserve finally lower interest rates? A rate cut may signal the beginning of the second phase of the ongoing bull market, igniting new momentum in stocks, cryptocurrencies, and risk assets.

Inflation has slowed, job data has stabilized, and investor sentiment is cautiously optimistic.

However, Powell has remained hawkish in his recent statements. Will he surprise the markets? Stay tuned - tomorrow's decision may set the tone for the remainder of 2025.