December 10, 2025 тАФ The moment has arrived, but itтАЩs not the celebration bulls were hoping for. The Federal Reserve has officially cut rates by 25 bps, marking the third cut of the year. However, the headline hides the real drama unfolding behind closed doors.
What Just Went Down:
25 bps Confirmed: The cut is in, but the market reaction is muted.
Uncertainty Returns: The Fed stated it will closely "evaluate the extent and timing" of future moves, effectively putting a "Pause" on the table for 2026.
Liquidity Injection: Starting December 12, the Fed will purchase $40 BILLION in Treasury Bills over 30 days. While they won't call it QE, the market knows exactly what this liquidity means.
Rare Dissent: The decision wasn't unanimous. Schmid and Goolsbee voted AGAINST the cut, arguing to hold rates steady. This internal division is a major red flag.
The Macro Signal:
Powell is signaling that the easy ride might be over. If the easing cycle stalls here, traders need to be extremely cautious.
ЁЯФе Market Reaction (Top Movers):
Volatility is kicking in, with specific narratives decoupling from the broader market:
ЁЯР╕ $PIPPIN (+4%): Trading at 0.3312. Holding strength amidst the chaos, proving that meme/community resilience is still a factor.
ЁЯдЦ $TRUTH (+63.03%): Trading at 0.0221. The AI narrative continues to dominate, with $TRUTH defying the macro uncertainty to post massive gains.
ЁЯФТ $FHE (+27.67%): Trading at 0.0592. The "Fully Homomorphic Encryption" sector is catching a bid as investors look for tech-driven alpha in a choppy market.
Conclusion:
Will the markets crash on the "Pause" signal, or will the $40B liquidity injection send risk assets flying? Either way, the next move is going to be violent. Stay sharp.