#Kapital #DailyBrief

#Kapital #DailyBrief🇺🇸 United States:

The Federal Reserve cut the federal funds rate to 3.50%–3.75%, a move widely expected by markets.

🇺🇸 United States:

Federal revenues reached $336B in November and spending totaled $509B, resulting in a $173B fiscal deficit.

🇺🇸 United States:

Later today, the U.S. will release September trade balance data; the market expects a deficit of around -$63B.