FED INTEREST RATE CUT: THE PROCESS FROM RISE TO DECLINE IN MARKETS‼️
The US Central Bank (Fed) has cut interest rates after a long break. It has reduced the Federal Funds Interest Rate by 50 basis points to a range of 4.75%-5.00%. This was the first interest rate cut since 2020. Fed Chairman Jerome Powell emphasized at the press conference that he did not see any signs of an economic recession or collapse and that the economy was still growing strongly. He stated that inflation had started to fall and that the labor market was healthy. However, he emphasized that this interest rate cut would not exceed market expectations and that aggressive expectations in the markets would cool down.
Prices initially rose due to Powell's optimistic statements, then this optimism in the markets gave way to a decline. In technical analysis, indicators show that the market is giving signs of a pullback. Especially MACD and KDJ indicators are giving negative signals and short-term fluctuations are expected in the market.
🔥🔥🔥 The Fed's interest rate cut led to mixed signals and fluctuations in the markets after short-term increases. Investors need to be careful‼️
