📢 First time since the ELECTIONS that the Fed decides the rate with a press conference.
🔹 The Fed cut the rate by 0.25% 📉, easing loans and improving the market.
🔹 Powell indicated that the neutral rate is lower than the current one, suggesting more cuts. 📉
🔹 The economy remains strong 💪 and inflation is low, approaching the 2% target. 📊
🔹 Fed will sell $25B in assets monthly to reduce its balance sheet. 💵
📈 Markets reacted positively ($SPX +0.9% and $NDX +1.7%).
🎯 Next meeting in December, key!
