The world of finance recently underwent a dramatic change.
For the first time in more than nine months, The U.S. Federal Reserve has formally lowered interest rates by 25 basis points.
The move validated what many had suspected: the days of “Higher For Longer” are over, even though markets had mostly priced this in.
Equities responded right away with a strong surge, indicating that markets were once again willing to take on risk.
Bitcoin held onto its gains as it traded slowly, having previously been rising in anticipation of the ruling.
This isn’t just another change to the policy. It marks the beginning of a new monetary cycle that may determine the course of world finance for many years to come.
Disclaimer: I have conducted my own web research and have compiled publicly accessible data and market trends into this post. Although my goal is to provide timely and accurate observations, the financial environment is subject to rapid change, and new discoveries may arise that cast doubt on or alter the viewpoints expressed here. I don’t work as a financial advisor or journalist. Cross-referencing information and drawing their own conclusions are encouraged for readers. This material is just meant to be informative and should not be interpreted as investing or financial advice.