Looks like the Fed's gearing up for another rate cut—probably their last move of the year. But here's the kicker: whispers from the committee suggest we might only see ONE more reduction throughout next year. That's way less aggressive than what some folks were hoping for.

This shift in tone matters more than you'd think. Slower rate cuts typically mean the Fed's playing it cautious, watching inflation data like a hawk. For risk assets? It's a mixed bag. Sure, lower rates are generally bullish, but if the Fed's pumping the brakes this early, it signals they're not as worried about growth slowing down—or they're more worried about inflation making a comeback.

Markets hate uncertainty, and this "one-and-done" approach for 2026 could keep volatility elevated across traditional finance and digital assets alike.