The Federal Reserve's interest rate cut is in line with expectations.

Federal Reserve FOMC statement: Cleveland Fed President Hamaak opposed the interest rate decision and supported no rate cut.

The Federal Reserve's dot plot shows that there are expected to be two interest rate cuts in 2025. (September's projection was four cuts)

The upper limit of the US Federal Reserve's interest rate decision is 4.5% until December 18, with an expected value of 4.50% and a previous value of 4.75%.

The Fed cut interest rates by 25 basis points
On December 19th, Jin10 Data reported that the Federal Reserve concluded its annual interest rate decision for 2024, and the bank decided to cut the benchmark interest rate by 25 basis points to a range of 4.25% - 4.50%, marking the third consecutive interest rate cut as expected. In the eight resolutions this year, the Federal Reserve has cumulatively lowered interest rates by 100 basis points, including a 50 basis point cut and two 25 basis point cuts, while maintaining the interest rate unchanged for the other five times. #ETH #BTC