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Reminder: $LUMOS has it all: - vibrant community - 7k loyal knights, - 50% APR farming on @WigoSwap - consistent listings - KOL army! We're not just visiting the crypto realm, we're building a castle! Think long-term,
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Everything I could gather from the FOMC is: Money printer will go brrrrrrrr again.đžđŻ I would be surprised if we don't get the bull market we're so eagerly waiting for. Life-changing money can be made. Don't mess it up.
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đșđž SUMMARY OF FED DECISION (9/18/24): 1. Fed cuts interest rates by 50 bps for first time since 2020 2. Fed sees 2 more 25 basis point rate cuts in 2024 3. One Fed governor dissented for the first time since 2005 in favor of a 25 bps rate cut 4. Fed gained "greater confidence" that inflation is moving to 2% 5. Fed will "carefully asses incoming data" and evolve outlook 6. Fed sees 100 bps of rate cuts in 2025 and 50 bps of cuts in 2026 @Fin_Watch
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After 4 years highest cut âïž đșđž Federal Reserve cuts interest rates by 50bps for the first time in 4 years.
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đšđšđ„How we feeling boys?? In 30 minutes, we get the cuts decision for the first time since almost 4 years. FOMC Expect increased volatility, with the market likely hitting stop losses on both sides. If you want to play it safe, avoid trading at the start. A 25bps rate cut would be bullish, but a 50bps cut could trigger a market drop. Plan your trades accordingly.
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