Federal Reserve cuts interest rates by 1 basis point as expected! Bitcoin and Ethereum fluctuate, and U.S. stocks see gains during midday tradingAt 3:00 AM Taiwan time on December 11, the Federal Reserve (Fed) announced its latest interest rate decision as scheduled. During this FOMC meeting, the Fed decided to cut interest rates by 1 basis point, lowering the federal funds rate from 3.75%~4% to 3.5%~3.75%. (Background: Trump: Rate cuts are a test for the Federal Reserve Chair, and may involve adjusting tariffs to lower the prices of certain goods) (Additional background: US November ADP employment figures plunged by 32,000, "far below expectations"! The probability of a rate cut by the Fed in December remains at 88.8%) At 3:00 AM Taiwan time on December 11, the Federal Reserve (Fed) announced its latest interest rate decision as scheduled. During this FOMC meeting, the Fed decided to cut interest rates by 1 basis point, lowering the federal funds rate from 3.75%~4% to 3.5%~3.75%.
動區BlockTempo·12-10 19:27