๐Ÿ‡บ๐Ÿ‡ธ SUMMARY OF FED DECISION ๐Ÿšจ(9/18/24):

1. Fed cuts interest rates by 50 bps for first time since 2020.๐Ÿ”ฅ 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!๐Ÿ”ฅ