As some time ago, many of you had visited one of our articles about one of the last videos of the channel Crypto Banter, we are doing it again today because we know how much it makes you happy. Sometimes we hesitate to write an article because we don't know if you will like it, but today we know that this video will interest you.
Here is the last video of the youtube channel Crypto Banter. It's called FOMC โ 25 bps Rate Cut โ FULL BREAKDOWN ๐ and as you can imagine, it's already of great interest to Internet users. You can find it right here.
This video is currently making the buzz on the internet and may end up in the Youtube trends. It was published a few hours ago by the videographer of the Youtube channel Crypto Banter who regularly publishes videos similar to the content we are talking about today.
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For your information, you can find below the description of the video FOMC โ 25 bps Rate Cut โ FULL BREAKDOWN ๐ published by the Youtube channel Crypto Banter:
FOMC โ
25 bps Rate Cut โ
The Market Will Now Decide Directionโฆ
FULL BREAKDOWN ๐
Main Decision
โขโ โ Fed cut rates by 25 bps to 4.25%.
โขโ โ โ Powell: It was a โrisk management cut.โ
โขโ โ โ He noted โthere was not widespread support for a 50 bps cut.
โขโ โ โ Fed projects Fed Funds Rate at 3.6% by year-end.
Labor Market
โขโ โ โThe hiring rate is very, very low.โ
โขโ โ โ โThe layoff rate is very low.โ
โขโ โ โ โLabor demand has softened.โ
โขโ โ โ โThe downside risks to employment have risen.โ
โขโ โ โ โWhile the unemployment rate remains low, it has edged up.
โขโ โ โ โBoth supply and demand have come down sharply.โ
Inflation & Economy
โขโ โ โWe have begun to see goods prices showing through to higher inflation.โ
โขโ โ โOver the course of this year, we have kept our policy at a restrictive level.โ
โขโ โ โ โGrowth of economic activity has moderated.โ
โขโ โ โ โActivity in the housing sector remains weak.โ
Powell Commentary
โขโ โ โI think we were right to wait.โ
Thoughts? ๐ค๐
#Crypto #cryptomemes #Cryptomeme #Meme #FOMC #FOMCToday #ratecuts
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