๐จ POWELL WARNING: RATE CUT AUTOPILOT IS OFF! โ ๏ธ
Jerome Powell has thrown a bucket of cold water on market certainty, stressing that a December rate cut is "not a foregone conclusion".
After the Fedโs recent rate adjustment, the message is clear: the central bank is deeply divided, and policy is NOT on autopilot!
๐ Market Impact: What was recently a near-certain bet for a cut has now dropped to a 50/50 gamble in the eyes of traders. This sudden spike in uncertainty sent stocks and risk-appetite wobbling.
โ๏ธ The Dual Dilemma: Powell highlighted the tightrope actโbalancing a cooling job market with sticky inflation that remains above target. The decision hinges entirely on the next wave of economic data.
๐ Data Blind Spot: The ongoing U.S. government shutdown has disrupted critical inflation and jobs reports, leaving the Fed โdriving in the fogโ and making Decemberโs decision even more difficult.
Wall Streetโs Wake-Up Call: Don't take further rate cuts for granted. Powell has turned certainty into suspense. Stay alert!#IPOWave #WriteToEarnUpgrade #BinanceAlphaAlert
