FOMC ✅ 25 bps Rate Cut ✅ FULL BREAKDOWN 👇

FOMC ✅ 25 bps Rate Cut ✅ The Market Will Now Decide Direction… FULL BREAKDOWN 👇 Main Decision •⁠ ⁠Fed cut rates by 25 bps to 4.25%. •⁠ ⁠⁠Powell: It was a “risk management cut.” •⁠ ⁠⁠He noted “there was not widespread support for a 50 bps cut. •⁠ ⁠⁠Fed projects Fed Funds Rate at 3.6% by year-end. Labor Market •⁠ ⁠“The hiring rate is very, very low.” •⁠ ⁠⁠“The layoff rate is very low.” •⁠ ⁠⁠“Labor demand has softened.” •⁠ ⁠⁠“The downside risks to employment have risen.” •⁠ ⁠⁠“While the unemployment rate remains low, it has edged up. •⁠ ⁠⁠“Both supply and demand have come down sharply.” Inflation & Economy •⁠ ⁠“We have begun to see goods prices showing through to higher inflation.” •⁠ ⁠“Over the course of this year, we have kept our policy at a restrictive level.” •⁠ ⁠⁠“Growth of economic activity has moderated.” •⁠ ⁠⁠“Activity in the housing sector remains weak.” Powell Commentary •⁠ ⁠“I think we were right to wait.” Thoughts? 🤔👇 #Crypto #cryptomemes #Cryptomeme #Meme #FOMC #FOMCToday #ratecuts 👉 Subscribe for our channel: https://www.youtube.com/channel/UCN9Nj4tjXbVTLYWN0EKly_Q?sub_confirmation=1 👉 Ran's Show - Crypto Alpha, News & Fundamentals: https://youtube.com/playlist?list=PLmOv2_vzOoGd_je37xsSrQD4WVpum0UDa&si=5q4dWp0ghJavS8Zp 🌎 𝗝𝗢𝗜𝗡 𝗧𝗛𝗘 𝗚𝗟𝗢𝗕𝗔𝗟 𝗕𝗔𝗡𝗧𝗘𝗥 𝗙𝗔𝗠! - All official social accounts can be found here: 👉 https://www.cryptobanter.com/community/ 👁️‍🗨️ 𝗖𝗿𝘆𝗽𝘁𝗼 𝗕𝗮𝗻𝘁𝗲𝗿 𝗮𝗯𝗶𝗱𝗲 𝗯𝘆 𝘁𝗵𝗲 𝗳𝗼𝗹𝗹𝗼𝘄𝗶𝗻𝗴 𝗰𝗼𝗱𝗲 𝗼𝗳 𝗰𝗼𝗻𝗱𝘂𝗰𝘁: - https://www.cryptobanter.com/our-ethics/ We take our code of ethics very seriously and have engaged @zachxbt (https://twitter.com/zachxbt) to monitor our progress. If you feel we’re not living up to it and have hard evidence please mail ZachXBT directly at [reportcb@protonmail.com](mailto:reportcb@protonmail.com) ⚠️ 𝗕𝗘𝗪𝗔𝗥𝗘 𝗢𝗙 𝗦𝗖𝗔𝗠𝗠𝗘𝗥𝗦 𝗜𝗡 𝗢𝗨𝗥 𝗖𝗢𝗠𝗠𝗘𝗡𝗧𝗦 𝗔𝗡𝗗 𝗖𝗢𝗠𝗠𝗨𝗡𝗜𝗧𝗬 𝗖𝗛𝗔𝗡𝗡𝗘𝗟𝗦 📝 𝗗𝗶𝘀𝗰𝗹𝗮𝗶𝗺𝗲𝗿: Crypto Banter is a social podcast for entertainment purposes only! All opinions expressed by the hosts, guests and callers should not be construed as financial advice! Views expressed by guests and hosts do not reflect the views of the station. Listeners are encouraged to do their own research.