đŸ”„đŸššđŸ‡ș🇾 FED #CUTS RATES AGAIN, ENDS QT AS ECONOMIC VISIBILITY REMAINS CLOUDY

đŸ”čThe Federal Reserve cut interest rates by 25 bps to 3.75%-4%, marking its second rate cut this year, while announcing an end to quantitative tightening on Dec. 1.

đŸ”čThe 10-2 FOMC vote saw dissent from Miran (favoring 50bps) and Schmid (no cut).

đŸ”čDespite limited data amid the government shutdown, the Fed cited labor market risks and elevated inflation as key concerns guiding its decision.

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