Fed cuts rates again, but Powell raises doubts about easing at next meeting | Crypto Craft

  • Fed cuts rates again, but Powell raises doubts about easing at next meeting

    From cnbc.com

    The Federal Reserve on Wednesday approved its second straight interest rate cut, though Chair Jerome Powell rattled markets when he threw doubt on whether another reduction is coming in December. By a 10-2 vote, the central bank’s Federal Open Market Committee lowered its benchmark overnight borrowing rate to a range of 3.75%-4%. In addition to the rate move, the Fed announced that it would be ending the reduction of its asset purchases – a process known as quantitative tightening – on Dec 1. Governor Stephen Miran again cast a dissenting vote, preferring the Fed move more quickly with a half-point cut. Kansas ... (full story)

Comment Options
Blessed-man
Oct 29, 2025 3:39pm
Permalink
Quoting Trader#42D0
The entire drop completely erased as expected and predicted. One of these days I’ll be wrong, but not today lol. 100% track record, unbelievable but true.
Turn your 100% track record into a Trade Explorer.

Then you can truly have a real track
Reply
besidenden
Oct 29, 2025 3:14pm
Permalink
Fuck off powell
Reply
Trader#C8F3
Oct 29, 2025 3:17pm
Permalink
Quoting Trader#42D0
The entire drop completely erased as expected and predicted. One of these days I’ll be wrong, but not today lol. 100% track record, unbelievable but true.
6rr Trade on Gold.
So Expected this one that breath after the drop was just necessary and healthy no big volumes upthere.
Reply
Trashgim
Oct 29, 2025 3:49pm
Permalink
What a bollocking gold drastically changed
Reply
Trader#20B5
Oct 29, 2025 3:54pm
Permalink
Quoting Trashgim
What a bollocking gold drastically changed
I posted in here the day before the big drop for people to call their broker and hedge their long gold positions. I also posted to keep an eye on 4k. Now that the Middle East is calming down and there is no more threat of a trade war, gold will find it tough to rally back. All the easy gains in gold are past us. It should be more of trading instrument now. Before it was like stocks, just up every week no matter what.
Reply
Trader#42D0
Oct 29, 2025 2:52pm
Permalink
The entire drop completely erased as expected and predicted. One of these days I’ll be wrong, but not today lol. 100% track record, unbelievable but true.
Reply
Trader#AE4B
Oct 29, 2025 5:31pm
Permalink
Oh, they did the rate cut already, so ... i'm go for USDJPY longterm short, targeting 140 as the big banks projected for few months ahead ...
Reply

  • Related Stories

Fed Delivers Despite Data Drought
From pimco.com | Oct 29, 2025 | 1 comment
The Federal Reserve on Wednesday announced a widely anticipated 25-basis-point (bp) rate cut, bringing the federal funds target range to 3.75%–4.00%. With markets priced for this move and the Fed operating in a data vacuum due to the U.S. government shutdown, the rate cut and modest statement changes were largely uneventful. What was more eventful was Fed ...
Smart traders cash in as Bitcoin tumbles after Fed’s 25 bps rate cut
From thestreet.com | Oct 29, 2025 | 1 comment
The Federal Reserve delivered a widely anticipated 25-basis-point rate cut, lowering the federal funds target range to 3.75%-4.00% following its Oct. 28-29 meeting, Chair Jerome Powell confirmed on Wednesday. The move, aimed at easing financial conditions, came as risk markets reeled from a wave of volatility that had already begun hours earlier. In the ...
FOMC Cuts, Opens Up Optionality Around December as it Waits for the Fog to Lift
From scotiabank.com | Oct 29, 2025
The FOMC cut its fed funds target rate range by 25bps as widely expected. The new range is 3.75–4%. The end of the policy of Quantitative Tightening was announced and is to be implemented on December 1st. So far so good in terms of expectations. And none of that mattered. It was Chair Powell’s press conference that rocked markets before handing over to ...
  • Story Stats