This move was already priced in by the market — marking the third consecutive rate cut since the Federal Open Market Committee kicked off its easing cycle back in September. The decision came as no surprise to traders who've been closely watching the Fed's pivot from its aggressive tightening stance. What's interesting here isn't just the cut itself, but the pattern emerging: three straight reductions signal a clear shift in monetary policy direction. For those tracking macro trends, this continued easing could reshape liquidity conditions across risk assets. The September meeting was the turning point, and we're now seeing that play out in real time.