Market 12/18: FED Reduces Number of Rate Cuts in 2025

If you missed the best recent articles:

• US Economy on the Eve of the Last FOMC Meeting of 2024

• MercadoLibre ($MELI): Amazon of South America

Key highlights:

• FED cuts rates 0.25% but halves 2025 cuts

• Powell: “Inflation has turned back up”

• Congress releases 1500-page temporary budget draft

• Gasoline demand collapses for the 5th consecutive week

• Building permit applications increase in November

• FED Atlanta raises Q4 GDP forecast to +3.2%

• Market: Sharp sell-off as FED more hawkish than expected