Fed Minutes Just Dropped — Here's What Wall Street Is Actually Freaking Out About

The FOMC minutes from October's meeting just hit, and traders are dissecting every word like it's a treasure map. Here's the tea:

**The Big Three Things Markets Care About:**

1. **Is December's Rate Cut Dead?** Powell already dropped hints that another cut isn't guaranteed. Tonight's minutes will show if the Fed committee was actually divided on this. Spoiler: if hawks dominated the debate, expect a hard sell-off. If doves were vocal, crypto and risk assets might pump.

2. **What Does the Fed Actually Think About the Economy?** Behind closed doors, they're probably way more concerned than their public speeches suggest. Growth "moderate," job gains slowing, employment risks creeping negative. If the minutes scream worry, markets will front-run aggressive easing. If they sound chill, risk assets cool off.

3. **Why'd They Kill QT So Early?** Quantitative tightening is ending December 1st. Balance sheet contraction halts. That's huge for liquidity. But the real question: what spooked them enough to reverse course? The minutes will tell all.

**The Bottom Line:** This isn't just Fed paperwork—it's a script that moves stocks, bonds, and crypto all at once. One wrong sentence and the whole market reprices in minutes. Watch the tape. 📊