🚨 TODAY'S FOMC UPDATE: The Fed has just signaled a very bullish outlook for the markets. With three consecutive rate cuts and plans to purchase $40B in Treasury bills starting December 12, the Fed is quietly launching the next wave of liquidity. Powell has made it clear that T-bill purchases will remain high for several months, the labor market is weaker than reported, job gains have been overstated, and inflation is still high — but no rate hikes are expected. Decisions will now be data-driven, meeting by meeting, rather than on a preset path. In short, the Fed is slowly moving from a tight policy to a supportive environment for risk assets, including cryptocurrency. Treasury purchases are officially not quantitative easing, but the market will feel the influx of liquidity, which, combined with weaker labor data, gives the Fed reason to lower rates further if necessary. Short-term volatility will persist, but the broader trend is clear: liquidity is coming, risk assets are becoming a priority, and conditions are being created for potentially large market movements. Cryptocurrency reacts to liquidity, and today the Fed quietly signaled exactly where it is heading. $LRC $LUNA $USTC
