The Fed expected to cut rates by 25 bp in today’s FOMC meeting

A December 18 update from Singaporean digital asset firm QCP Group revealed that the Fed might announce a 25-basis-point interest rate cut during the last Fed meeting of the year. The rate cut during the meeting, which is set for December 18, will be the third cut the Fed initiated this year. source: https://www.cryptopolitan.com/the-fed-expected-to-cut-rates-by-25-bp/