#BTC The Federal Reserve took action as expected by the market and dropped the Benchmark Interest Rate by 25 basis points. Therefore, the institution has completed its work for 2024 by dropping 100 basis points. The Federal Reserve did not surprise the market and continues to cut the Benchmark Interest Rate by 25 basis points. Inflation remains higher than expected, with the growth rate in the United States at around 3%, and a strong labor market cannot prevent the institution from dropping the Interest Rate. As we all know, the inflation headline in the United States has risen again in the past three months, from 2.4% to 2.7%. The core inflation rate has also remained above 3% for 43 consecutive months. In this situation, many analysts and even some current and former Federal Reserve Bank presidents have claimed that it would be more reasonable to raise interest rates or at least not to drop the Interest Rate. Finally, Esther George, former president of the Kansas City Federal Reserve Bank, said, 'At least we should not drop the Interest Rate.' However, none of these comments have slowed down the institution. After cutting 50 basis points in September and 25 basis points in November, the Federal Reserve has completed a total reduction of 100 basis points. #Write2Win 'remains unchanged' has a 90% probability in January. On the other hand, the Federal Reserve's dot plot is interpreted as 'hawkish.' It is expected that monetary expansion will decrease in the exchange market by 2025. The rate cut decision was passed with 11 votes in favor and 1 vote against. The President of the Cleveland Federal Reserve disagreed and said, 'Keep the Interest Rate stable.' The probability table for future Interest Rate contract pricing by the Federal Reserve indicates a 90% probability of a stable Interest Rate in January. DYOR! Write and earn $BTC {Spot} (BTCUSDT).