🇺🇸 FED CUTS RATES BY 25 BPS.

$ENA Bro lost 750k in just 2 minutes #PowellPower

The Fed also announced it will purchase $40B in Treasury bills over the next 30 days, adding fresh liquidity to the system.

Powell is speaking right now, so expect high volatility across all markets.

Meanwhile, President Trump is set to choose the next Fed Chair within 1-2 weeks, and the expectation is that the next Chair will be more dovish.