FED UPDATE 🚨
Fed cuts rates by 25 bps
Powell confirms $40B in T-bill purchases starting Dec 12
Labor market is “losing momentum”; elevated T-bill buying will continue for months
Inflation still “too high,” but Powell rules out further hikes
Overall read: policy is easing
This is bullishness.
BTCUSDT
Perp
88,431.9
+0.17%
ZECUSDT
Perp
438.68
-1.37%
