๐จ Urgent: The Federal Reserve Cuts Interest Rates by 25 Basis Points!
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๐ข What's New?
โ The Fed announced today a 25 basis point cut in interest rates, bringing the range to 3.5% - 3.75%
โ This is the third cut this year, following two in September and October, with a vote of 9-3
โ This comes to support the weakening labor market despite high inflation above target
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๐ก Analysis:
โ Divided decision: two prefer no cut, and one wants 50 basis points
โ The dot plot indicates an additional 25 basis point cut in 2026, with GDP growth expectations of 2.1% and unemployment at 4.2%
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โก Why Should You Care?
โ It alleviates pressure on borrowers and boosts investment, but Powell warns of no predetermined path
โ It may support markets and crypto as an alternative, with greater liquidity
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โDo you think this cut will stimulate the economy or increase inflation?
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