🚹đŸ‡ș🇾 POWELL SAYS DECEMBER CUT “FAR FROM ASSURED” AS FED TREADS CAREFULLY IN DATA DARKNESS

đŸ”čFed Chair Jerome Powell opened his post-FOMC press conference stressing that the economic outlook hasn’t changed much since September, though AI-related layoffs and higher tariffs are affecting inflation and jobs.

đŸ”č He confirmed inflation near 2.8%, with tariff effects likely short-lived.

đŸ”čPowell called today’s rate cut “risk management,” warning that a December cut is not guaranteed amid the data blackout from the ongoing government shutdown.