Wu Blockchain (@WuBlockchain): The Federal Reserve has announced its interest rate decision, setting the upper bound at 4.50%, in line with the expected 4.50% and unchanged from the…
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The Federal Reserve has announced its interest rate decision, setting the upper bound at 4.50%, in line with the expected 4.50% and unchanged from the previous 4.50%. The dot plot indicates an expected 50 basis point rate cut in 2025. Additionally, starting in April, the Fed will slow the pace of balance sheet reduction, lowering the monthly Treasury redemption cap from $25 billion to $5 billion while maintaining the cap for agency debt and MBS at $35 billion. federalreserve.gov/newsevents/pre…