🇨🇦 Canada keeps interest rates at 2.25% as forecast

🇺🇸 1 hour till USA interest rate decision.

It is forecasted that interest rates will be cut by 0.25% (25 BPS) to 3.75%.
Current rate 4%.

🇺🇸 HASSETT: FED HAS PLENTY OF ROOM TO CUT RATES

(Hassett is tipped to be the next FED chair)

rise before the dive?

Rate cut by -0.25% to 3.75% as expected.

🇺🇸 Powell speaking in 20mins at the FED press conference.

choppy time

Stock market reacted positively

🇺🇸 FED TO BUY $40 BILLION TREASURY BILLS NEXT 30 DAYS.

He didn't mention quantitative easing, but basically did.

meanwhile .... trump

We going up. nobody say anything.

🇺🇸Trump claims the USA has seized a tanker on the coast of Venezuela,

"A large tanker, very large, largest one ever seized actually."

TRUMP: IF MARKET GOES UP, WE SHOULD ENCOURAGE IT TO GO UP MORE.

Thats our dev!

🇺🇸 FOMC Review

The Fed delivered a hawkish cut and signaled a pause, keeping its outlook unchanged with one more cut projected in 2026.

The Fed will begin $40B in T-bill purchases on December 12, extending up to three-year notes, stressing these are reserve-management operations and not QE.

Powell’s Press Conference

Powell leaned more dovish than expected. He said the 75 bps of easing since September puts policy in neutral and allows the Fed to wait for incoming data. He described the decision as a “close call,” citing gradual labor-market cooling.

Powell added that key data will arrive before January, AI’s effects are not yet visible in labor metrics, payroll gains may be overstated by around 60k (implying slightly negative job growth since April), the labor market carries downside risks, tariffs are driving most of the inflation overshoot, and T-bill purchases may remain elevated for months

5 out of 5 for FOMC meeting dumps

Over $500mil liquidated in the last 24hr.

🇬🇧 UK financial watchdog declares sterling stablecoin payments ‘a priority’ for new year