The New York Federal Reserve will purchase approximately $40 billion in Treasury bonds as part of its reserve management operations. （CoinDesk）

The Federal Reserve System of the United States announced a reduction in interest rates. （The Bitcoin Historian）

[Federal Reserve Governor Milan supports a 50 basis point rate cut, while Schmid and Goolsbee advocate for keeping rates unchanged] Federal Reserve's Schmid and Goolsbee oppose rate hikes and advocate for maintaining rates unchanged, while Federal Reserve Governor Milan supports a 50 basis point rate cut.

[Federal Reserve Dot Plot: Expected 25 Basis Point Rate Cuts in 2026 and 2027] The Federal Reserve dot plot forecast shows a 25 basis point rate cut each in 2026 and 2027.

[Federal Reserve FOMC Statement to Begin Treasury Purchases on December 12] The Federal Reserve FOMC issued a statement announcing that it will begin purchasing Treasury securities on December 12.