đž The Federal Reserve's balance sheet decreased by $29 billion in just one week! âȘïž U.S. Treasury Secretary Janet Yellen: â The labor market and inflation trends suggest the U.S. economy is on course for a smooth landing. â It appears the Fed will continue reducing interest rates. âȘïž Appaloosa Management's hedge fund chief: â The Fed's rate cuts create more room for China's central bank to implement its fiscal and monetary stimulus policies (boost liquidity). â Investors are now heavily buying Chinese stocks. đ Market Projections ( #FED ):
November 7: 50 bps cut, bringing rates to 4.25-4.50%.
December 18: 25 bps cut, bringing rates to 4.00-4.25%.
January 29, 2025: 25 bps cut, bringing rates to 3.75-4.00%.
March 19, 2025: 25 bps cut, bringing rates to 3.50-3.75%.#BinanceLaunchpoolHMSTR #CATIonBinance #moonbix #TCPredictedNewATH