SUMMARY OF FED DECISION (12/10/2025): 1. Fed cuts rates by 25 bps in 3rd rate cut of 2025 2. Fed will consider "extend and timing" of additional adjustments 3. Fed will begin purchasing US Treasury Bills on December 12th 4. Fed will buy $40 billion of US Treasury bills in 30 days 5. FOMC members Schmid and Goolsbee dissent in favor of no change 6. Fed signals rate cuts may be done for now Fed Chair Powell may be halting rate cuts again.(The Kobeissi Letter)