Fed makes first interest rate cut since December
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Federal Reserve Chair Jerome Powell said the central bank will cut interest rates by a quarter point, following rising inflation and slow job growth.
To clear things up, here are the main takeaways culled from conversations and research notes from experienced Fed watchers:
Fed dot plot shows divergent views on future rate cuts in 2025. But for now most see two more rate cuts, although the they disagree on the size of the cut.
Global stock markets were choppy on Thursday after the Federal Reserve delivered its first rate cut this year but signalled a measured approach to further monetary policy easing, leaving investors in doubt about the pace of future moves.
The Federal Reserve is widely expected to announce its first interest rate cut since December 2024 after its two-day meeting wraps Sept. 17.
Investment advisor Alexander Blume sees Bitcoin treasuries accumulating more convertible funding in case a rate cut happens.
The Federal Reserve’s September meeting could be the most consequential of the year, from personnel to policy matters.