Fed cuts Fed fund rate for 25 basic points in the first reduction since December



The Federal Reserve has returned to the way of faciliation after ten months of waiting and seeing an approach to the economy of the United States.

In a widely expected movement on Wednesday, the US Central Bank. Uu.

The Fed acknowledged that economic growth in the first half of the year “moderated” and the labor market has “decelerated”.

The decision follows the growing signals that the United States labor market has begun to weaken decisively, the last is the August Employment Report that showed the addition of only 22,000 jobs to the economy and the unemployment rate by increasing 4.3%, the highest since 2021.

Along with these data, the reviews of the reports of the previous months showed that much less jobs had been created than was thought.

To this was added the political pressure in the form of the repeated criticism of President Trump about the hesitation of the Fed to act against what insists that he has softened inflation.

The markets react

In the minutes after the rate cut, the price of Bitcoin (BTC) increased approximately 1%.

The main indexes of US shares, which have been repeatedly recording records for weeks before the Fed movement, the news also increased.

The press conference after the meeting of the president of the Federal Reserve, Jerome Powell, begins in a few minutes and the markets will closely observe what today’s decision reported, as well as what the Central Bank will see in future policy meetings.

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