BREAKING

The latest FOMC meeting has reshaped the market outlook. The Fed delivered a 25 bp rate cut as expected, but the real shift comes from renewed liquidity support.

Starting December 12, the Fed will begin purchasing Treasury bills at an initial pace of 40 billion dollars per month, with Powell indicating that elevated purchases will continue for several months. QT has already ended as of December 1.

While this is not full quantitative easing, it does inject meaningful short-duration liquidity into the system. Powell noted that inflation remains elevated and the labor market continues to soften, placing rates in a “neutral zone” where only pauses or gradual cuts are expected.

Looking ahead, Powell signaled stronger economic growth in 2026, with ISM likely moving back above 50 next year — historically a constructive backdrop for risk assets and altcoins.

Overall, the tone leaned slightly hawkish, but the shift toward renewed liquidity remains one of the most important developments for markets right now.