Federal Reserve officials make significant statements, causing US stocks to decline across the board before the market opens, the dollar to rebound, and spot silver to experience a bloodbath with a drop of over 5%.
Federal Reserve dovish representative Milan stated that the expectation is for the Fed to cut interest rates by 150 basis points by 2026. If they cut 25 basis points each time, it would take six cuts; if 50 basis points each time, it would take three cuts.
If the Fed does this, it would be more than double the 75 basis points cut in 2025, which is basically unlikely—just a state
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