The information released now is relatively positive, as it aligns with Wall Street's predictions.
Don't celebrate too early—Powell's speech later is likely to push things downward.
Fed FOMC statement: Will purchase $400 billion in Treasury bills over the next 30 days. $5 billion less than before.
The Fed's median forecast maintains the prediction of a 25-basis-point rate cut in 2026. As expected, Powell will address this hawkish stance later.
Fed's 2025 year-end wrap-up: A 25-basis-point rate cut as scheduled.
The Fed lowered the benchmark interest rate by 25 basis points to 3.50%-3.75%, marking the third consecutive rate cut, in line with market expectations. A total of 75 basis points have been cut this year.
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