October FOMC decision:
-The Fed cut rates as expected by 25 bps.
-There were two dissents. Schmid favored no cut, and Miran wanted 50 bps.
-The Fed will end QT on Dec. 1. MBS redemptions will be invested into T-bills after that.
-The statement changes mostly mark to market the outlook, notwithstanding “available” data instead of “recent” data.
You know which sector will very strong bullish right? i told you before!
$COIN $BBRI $PWON
