Economists Bet on Fed Rate Cut!
Market Consensus is Clear:
115 out of 117 economists now expect the Federal Reserve to deliver a 25 bps rate cut on October 29, according to Reuters.
The markets are already pricing it in expectations are high that Powell will take the next step to support slowing growth and ease financial conditions.
All eyes now on the Fed’s tone: will this be the start of a cutting cycle or just a one-time adjustment? 👀