BRIEF DESCRIPTION OF THE FEDERAL DECISION (September 18, 2024):

1. The Fed is reducing interest rates by 50 basis points for the first time since 2020

2. The Fed expects two more rate cuts of 25 basis points in 2024

3. The Fed gained "great confidence" that inflation is moving towards 2%

5. The Fed will "carefully evaluate the incoming data" and evaluate prospects based on it

6. The Fed expects a rate cut of 100 basis points in 2025 and 50 basis points in 2026.

The long-awaited "reversal of the Fed" has officially begun.