BREAKING NEWS 🚨

‼️FOMC UPDATE‼️

The Federal Reserve announced a surprise 50 basis point rate cut, bringing the benchmark interest rate to 4.75%. This reduction exceeds previous forecasts, as most analysts were anticipating a 25 basis point reduction. The move highlights a shift in the economic landscape, with inflation showing signs of cooling and a more balanced outlook emerging.

While further rate cuts are on the horizon, future adjustments are expected to be more gradual. The next update on monetary policy is scheduled for November, where the Fed will provide more information on its ongoing strategy.#FedRateDecisions#FedRateCut#BinanceLaunchpoolHMSTR#DOGSONBINANCE E #BinanceTurns7