Fed Disappointment Could Highlight SMTH Advantages

Core Viewpoint - The Federal Reserve lowered interest rates by 25 basis points on October 29, but Chairman Jerome Powell's comments suggested that further rate cuts in December are not guaranteed [1] Summary by Relevant Sections - Interest Rate Decision - The Federal Reserve has reduced interest rates by 25 basis points [1] - Market Commentary - Chairman Jerome Powell indicated uncertainty regarding additional rate cuts in December, signaling a cautious approach moving forward [1]