Chamath Palihapitiya
@chamath · Dec 23, 2024
What I Read This Week…
The Federal Reserve cut interest rates by 25 basis points on Wednesday, lowering the federal funds rate to 4.25%-4.50%.
Jerome Powell described the decision as a "closer call" and indicated only two rate cuts for 2025, down from four rate cuts projected
Elon Musk
@elonmusk
The Fed is absurdly overstaffed
06:34 AM · December 23, 2024 · 440.6K views
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