🚨The Fed just admitted that the economy is weak

The Fed cut interest rates by 0.50%, the 1st rate cut since the COVID-19 crash in March 2020.

The central bank expects two more 0.25% cuts in 2024.

This is also the biggest surprise since the 2009 financial crisis.

A 50 basis point cut is usually not a good sign.

⚠️Big Fed rate cuts are usually bearish⚠️

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