$WLD
WLD
0.582
-2.67%
๐จ๐จ All eyes were on the FOMC yesterday ๐ฅ๐ข
The Federal Reserve delivered a 25 basis point cut as expected, but the message was the real deal ๐ฅ๐ข
On the dovish side ๐ฅ
- The Federal Reserve will be buying $40 billion in treasury bonds over the next 30 days
- Powell also stated that treasury purchases may remain elevated for several months
Officially, this is not a quantitative easing program, but it is working to inject liquidity
On the hawkish side: a signal to halt further cuts ๐ฅ
So now the market must choose which side matters more ๐ข
For now, the cut is in place, liquidity is coming, and the debate revolves around whether prices will stay as they are now or be cut further ๐ฅ
Only time will tell ๐ฅ๐ข
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