On December 11th, the Federal Reserve lowered interest rates by 25 basis points to 3.50%-3.75% as expected, marking the third rate cut of the year, with a cumulative decrease of 75 basis points.

The dot plot indicates that there may be an additional cut of 25 basis points in 2026-2027, but internal divisions have intensified, with a 9:3 vote reflecting the highest number of dissenting votes in six years, suggesting a potential pause or halt in rate cuts in the short term.

Elder Powell emphasized that inflation is relatively high and the labor market is weak. Goldman Sachs believes that preventive rate cuts are nearing their end. Bitcoin $BTC was briefly stimulated by news to break above $94,000, but later fell back due to policy uncertainty, currently down to 89,000. The bears have had a tough time #美联储降息 #加密市场观察 .