#FOMCWatch
The Federal Reserve (Fed) announced on December 10 its third consecutive interest rate cut, a decision that triggered an immediate and negative reaction in the cryptocurrency market.
📉 Key decisions of the Fed
In a meeting marked by internal disagreements, the Federal Open Market Committee (FOMC) reduced the benchmark interest rate by 0.25 percentage points, placing it in a range of 3.5% to 3.75%.
The vote was not unanimous, recording three votes against, the largest division since 2019.
The message from Jerome Powell, chairman of the Fed, was cautious. He indicated that, after three cuts this year, the central bank is in a good position to "wait and observe" the evolution of the economy.
Official projections indicate that only one more rate cut is expected for all of 2026, a slower pace than some markets had anticipated.
