đš Powell Stuns the Markets â Twice! đ„đ§
No December Rate Cut? Hereâs the twist đ
During todayâs Fed press conference, Jerome Powell delivered two big surprises that sent traders scrambling. â ïžđ
đ Shock #1:
The Fed kept interest rates unchanged â expected by most, but...
đ Shock #2:
Powell made it clear that a December rate cut isnât guaranteed.
Thatâs a huge pivot since the last Dot Plot had signaled two cuts â one in October and one in December. âđž
đïž Powellâs Tone:
Careful. Tactical. Noncommittal.
He emphasized that todayâs cut was about ârisk management,â a phrase heâs now repeated this cycle â signaling the Fedâs fine balance between taming inflation and avoiding recession. âïž
đ„ Market Reaction:
Stocks slipped, Treasury yields jumped, and traders rapidly dialed back expectations for another cut this year.
The narrative has changed â from âwhenâ cuts happen to âifâ they do.
đ§© Takeaway:
Powell wants flexibility.
Heâs reminding markets not to assume a steady path of easing â inflationâs still a concern, and the Fed is keeping its options open.
đĄ Pro Tips:
âą Track shifts in market rate expectations
âą Focus on Powellâs language, not just policy moves
Volatility is opportunity â if youâre paying attention. đ