📉 The Federal Reserve lowered the interest rate by 25 basis points (0.25%), to a range of 4.00-4.25%. It was its first cut since December 2024.
⚠️ There was no consensus for something more aggressive: Powell pointed out that there is no broad support for 50 basis point cuts.
📊 It is also considered a "risk-management cut" ( in response to the weakening labor market, but without urgency to accelerate monetary policy.
🗓 They project at least two more cuts this year, all of moderate size.
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🔥 DECISION IN THE FED
📉 The Federal Reserve lowered the interest rate by 25 basis points (0.25%), to a range of 4.00-4.25%. It was its first cut since December 2024.
⚠️ There was no consensus for something more aggressive: Powell pointed out that there is no broad support for 50 basis point cuts.
📊 It is also considered a "risk-management cut" ( in response to the weakening labor market, but without urgency to accelerate monetary policy.
🗓 They project at least two more cuts this year, all of moderate size.