🇺🇸 SUMMARY OF FED DECISION 🚨(9/18/24):
1. Fed cuts interest rates by 50 bps for first time since 2020.🔥 EPIC
2. Fed sees 2 more 25 basis point rate cuts in 2024.
3. One Fed governor dissented for the first time since 2005 in favor of a 25 bps rate cut.
4. Fed gained "greater confidence" that inflation is moving to 2%
5. Fed will "carefully asses incoming data" and evolve outlook.
6. Fed to see 100 bps of rate cuts in 2025 and 50 bps of cuts in 2026.
#Crypto is about to Go Boom!🔥