FED DECISION SUMMARY โ 12/10/2025
๐ธ The Fed cut rates by another 25 bps โ marking the third cut this year.
๐ธ Officials emphasized that any further moves will depend strictly on upcoming data.
๐ธ Treasury Bill purchases begin on December 12.
๐ธ The Fed will buy $40B in T-bills over a 30-day window.
๐ธ Schmid and Goolsbee dissented, both arguing for no rate change.
๐ธ The statement hints that the current cutting cycle may be paused.
Powell seems prepared to stop easing once again.
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POWELLโS PRESSER HIGHLIGHTS โ 12/10/2025
๐น Employment risks are now tilted to the downside.
๐น Inflation remains โsomewhat elevated.โ
๐น Rates have entered a โplausible range of neutral.โ
๐น The 2026 growth forecast has been revised upward.
๐น Goods inflation has picked up momentum.
๐น Three dissents underscored widening divisions inside the Fed.
The policy split within the committee is becoming more visible.
