Eating melons right under the Federal Reserve! Just now, "the Federal Reserve's mouthpiece" Nick Timiraos went online and directly pointed out the core suspense of the next meeting——WWJD (What will Jerome decide?)
Key point: Whether to cut interest rates this time is up to Chairman Powell, and it seems the script has already been written! The brothers have clearly paved the way for the boss, as long as he nods, the rate cut can be arranged.
But don't celebrate too early, the signals are a bit complicated: it can be cut this time, but after the cut, it might just be "sealed up" directly. The meaning is very straightforward: "Just this once, no second time", don't expect further cuts in the short term.
In other words, the Federal Reserve may intend to use a one-time "strategic rate cut" to respond to the current economic situation, while clearly indicating that this is not the beginning of a loosening cycle. This wave of operations aims to stabilize the market while not wanting to release overly dovish expectations.
Once the news breaks, the market nerves will tighten again. Can the one-time "benefit" be withstood? Powell's next move is linked to the pulse of global capital.
