🇺🇸 FED DECISION SUMMARY (9/18/24):

1️⃣ First 50 bps rate cut since 2020 👀

2️⃣ Two more 25 bps cuts expected in 2024 📉

3️⃣ First Fed dissent since 2005, favoring a 25 bps cut 🗳️

4️⃣ Growing confidence inflation is heading to 2% 📊

5️⃣ Fed to monitor data closely for future adjustments 🔍

6️⃣ 100 bps cuts expected in 2025, 50 bps in 2026 📅



FED CHAIR POWELL: NO ONE SHOULD LOOK AT 50BP CUT AND SAY THIS IS NEW PACE !