Crypto Currency Tracker logo Crypto Currency Tracker logo
BitcoinSistemi 2025-10-29 18:07:08

HOT MOMENTS: FOMC Statement Released Following FED Interest Rate Decision, Contains Crucial Details

At its October Federal Open Market Committee (FOMC) meeting, the Fed lowered its policy rate by 25 basis points to a range of 3.75-4.00%. This was the Fed's second consecutive rate cut, and the decision fully aligned with market expectations. The FOMC statement noted that economic growth continues at a moderate pace and the unemployment rate remains low, despite slowing hiring. The committee noted that inflation has increased this year but remains high. Related News: BREAKING NEWS: Fed Announces Its Much-Anticipated Interest Rate Decision - Here's Bitcoin's First Reaction Fed to End Balance Sheet Reduction Program on December 1st In a significant move, the Fed also announced the end of its monetary tightening program. According to the statement, the balance sheet reduction program will end on December 1st. Currently, the Fed was selling approximately $5 billion in Treasury bonds and $35 billion in mortgage-backed securities each month. The decision was not unanimous. Fed member Schmid opposed the decision to cut interest rates, arguing that they should remain unchanged. Member Milan, on the other hand, stated that a more substantial easing step was needed and voted for a 50 basis point cut. The Committee emphasized that uncertainty surrounding the economic outlook remains high and that it is closely monitoring risks on both sides of its dual mandate (price stability and employment). The Fed noted that downside risks, particularly on the employment side, have increased. *This is not investment advice. Continue Reading: HOT MOMENTS: FOMC Statement Released Following FED Interest Rate Decision, Contains Crucial Details

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.