🟢 The FOMC meeting results are already out, and the Federal Reserve has officially reduced interest rates by 20 basis points, slightly lower than earlier expectations. This marks the fourth consecutive rate adjustment, placing the new target range between 4.35% and 4.55%.
The report, which was released over 3-4 hours ago, has already triggered a significant market downturn, with investors reacting swiftly to the decision. While the rate cut aims to support economic activity, heavy selling pressure followed due to lingering uncertainties and profit-taking. What truly matters now is Powell’s commentary and the Federal Reserve’s forward guidance, as it will dictate future monetary policy. For traders, this is a time to exercise caution, as further volatility remains on the horizon. Stay focused, manage risks, and prepare for rapid market shifts.