US EconomySep. 17, 2025 5:18 PM ETS&P 500 Index (SP500), SPX, DJI, NDX, SPY, DIA, QQQ, IVV, VOO, IWMSPX, SP500, SPY, VOO, IVV, NDX, QQQ, IWM, DJI, DIAJack Bowman7.12K FollowersSummaryThe Fed's FOMC met to discuss monetary policy and decide on rates, which led to a 25 bp rate cut and two more planned for 2025.However, the Fed communicates to us in several ways, so I believe it is also prudent to examine the statement, Chair Powell's presser, and the projections of the "Dot Plot" released as well.The Fed came off more hawkish and more united than anticipated, with only Governor Miran dissenting and seeking a greater rate cut.What was most interesting to me was Powell's commentary on the labor market, its conditions, and how the BLS data is likely to improve moving forward.Investors should consider what the FOMC said, but also what they didn't say, as we assess the direction of monetary policy and the speed of interest rate changes.Chip Somodevilla/Getty Images NewsIntroductionBefore we get into what the Federal Reserve Open Market Committee ("FOMC") said in its statement and the subsequent press conference Chairman Powell gave following the two-day meeting, I want to quickly address that there has been a change to the boardThis article was written byJack Bowman7.12K FollowersWriter, educator, and investment advisor from Southern California.Author of The Macro Obsession newsletter, host of the Political Pariahs podcast.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.CommentsRecommended For You