🚨News: Detroit, Michigan Becomes Largest US City to Accept Bitcoin, Cryptocurrencies for Taxes
🔵 Fed Decision Summary
1. The Fed Cuts Interest Rates by 25 Basis Points in Second Cut of 2024
2. The 25 Basis Point Rate Cut Voted Unanimously
3. The Fed Says Risks to Targets Remain “Broadly Balanced”
4. Overall Labor Market Conditions Improved
5. The Fed Removes the “Gaining Confidence” Phrases as Inflation Moves to 2%
6. The Fed Will Continue to Reduce Its Balance Sheet
Another 25 Basis Point Rate Cut Is Expected in December
