• Fed lowers rates by 25 bps • Powell announces $40B in T-bill purchases beginning Dec 12 • Labor market showing signs of slowing; large-scale T-bill buying to continue for months • Inflation remains “too high,” but no more rate hikes expected • Overall takeaway: monetary policy is easing
This is bullish for markets.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🚨 FED UPDATE
• Fed lowers rates by 25 bps
• Powell announces $40B in T-bill purchases beginning Dec 12
• Labor market showing signs of slowing; large-scale T-bill buying to continue for months
• Inflation remains “too high,” but no more rate hikes expected
• Overall takeaway: monetary policy is easing
This is bullish for markets.