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NAZMUL BNB-
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JUST IN: 🇺🇸 The Federal Reserve cuts interest rates by 25 basis points, lowering the target range to 3.5%-3.75%.
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JUST IN: 🇺🇸 Fed Chair Jerome Powell says "we will deliver 2% inflation." "It is really tariffs that is causing most of the inflation overshoot."
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JUST IN: 🇺🇸 Jerome Powell says the Fed thinks job gains are "overstated" by 60,000 in recent months.
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BREAKING: President Trump officially launches the “Trump Gold Card" and “Trump Platinum Card" which includes: 1. Trump Gold Card: "For a processing fee and, after DHS vetting, a $1 million contribution, receive US residency in record time with the Trump Gold Card." 2. Trump Platinum Card: "For a processing fee and, after DHS vetting, a $5 million contribution, you will have the ability to spend up to 270 days in the United States without being subject to US taxes on non-US income." Trump says this is a way to "unlock life in America." (DYOR)
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🇺🇸 UPDATE: Fed Chair Powell says monetary policy is not on a preset course, with decisions to be made meeting by meeting.
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SUMMARY OF FED CHAIR POWELL'S COMMENTS (12/10/25): 1. Downside risks to employment have risen 2. Inflation in the US "remains somewhat elevated" 3. Interest rates are now in a "plausible range of neutral" 4. GDP growth forecast for 2026 has been revised up 5. Readings on inflation are higher as goods inflation has "picked up" 6. Three Fed members dissented today's decision The divide at the Fed is growing.
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