The Federal Reserve has officially cut interest rates by 0.25%, bringing them down to 3.75%–4.00%.

But here’s the twist — markets didn’t explode higher. Why?

👉 Fed Chair Jerome Powell hinted there might not be another cut in December, keeping traders cautious.

Market Snapshot:

📉 U.S. Stocks — Slight decline

📈 Bond Yields — Ticked higher

💵 U.S. Dollar — Still strong around 99.60

🥇 Gold — Up nearly 4% this month as investors hunt for safety

Meanwhile, the Fed also announced it will stop reducing its balance sheet on December 1, effectively adding liquidity back into markets — a bullish sign for risk assets.

⚠️ Quick Take:

The Dollar remains strong, but with its RSI at 71, a short-term pullback looks likely.

Expect volatility during upcoming Fed speeches.