🇺🇸 Federal Reserve cuts interest rates by 50bps for the fi | Crypto_Empire en Binance Square

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🇺🇸 Federal Reserve cuts interest rates by 50bps for the first time in 4 years.#FOMC 

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🇺🇸 Last 2 times the Fed’s first cut was 50+ bps: ▫️Jan 3, 2001 - S&P 500 fell ~39% next 448 days - Unemployment rose another 2.1% - Recession ▫️Sep 18, 2007 - S&P 500 fell ~54% next 372 days - Unemployment rose another 5.3% - Recession

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