Brief Summary of Today's FOMC Meeting 🚨

The Fed cut interest rates by 25 basis points.

Starting from December 12, there will be a $40 billion T-Bill purchase over the next 30 days.

Powell stated that there is a weakening in the labor market.

He emphasized that T-Bill purchases will remain high over the next few months.

He expressed that economic growth is strongly expected for 2025.

He said that interest rate decisions will be evaluated from meeting to meeting.

He also stated that inflation is still not at the desired level.

Raising interest rates is not anyone's main scenario at the moment.

He pointed out that the latest employment data is exaggerated.

T-Bill = The shortest-term form of U.S. Treasury Bonds.

When the Fed buys T-Bills from the market:

It provides cash to the market in return.

Fresh money flows into banks and funds.

This also means:
Increased liquidity.
Rising risk appetite.
A positive environment for stocks + crypto.

Overall, in my opinion, today’s meeting clearly:

POSITIVELY. 👀🚀