đŠ Fed Cuts Rates by 25bps â First Since 2024 đŠ
The Federal Reserve just lowered rates by 0.25%, bringing the target to 4.00â4.25%.
Key takeaways from Powellâs press conference:
Inflation remains sticky (~2.9% headline, ~3.1% core).
Powell stressed caution â decisions will stay data-dependent.
Fed projections show more cuts likely in 2025, but at a steady pace.
One member even pushed for a larger cut.
⥠Market reaction so far:
US yields dipped, equities bounced.
Dollar softened â supportive for risk assets.
đ§ My read:
Everyone screams âbullish foreverâ on Fed cuts.
Reality: this cut was already priced in.
Short-term upside possible, but without strong volume, donât chase.
Watch BTC at 116.5kâ117.3k â heavy resistance.
If inflation stays sticky, Fed may slow the pace of easing.
Discipline over hype. Liquidity helps, but execution wins.