đ„ Powell Sends Fresh Shockwaves Through the Markets
$BTC
BTC: 91,225.44 (-0.19%)
Jerome Powell has rattled investors yet again â signaling that a December rate cut is far from guaranteed. He stressed that the Fed is not operating on autopilot, and thereâs no commitment to easing policy in the near term.
That single message hit Wall Street hard. Just weeks ago, confidence in a December cut was sky-high⊠now probability estimates have slipped to 22â41%.
$ETH
ETH: 3,055.43 (+0.56%)
What this means:
Inflation remains stubborn, and the labor market hasnât weakened enough for the Fed to relax. Theyâre carefully balancing inflation risks with slower hiring data, leading to more policy hesitation.
This murky outlook is fueling volatility â and markets hate uncertainty. Investors are now bracing for a longer wait or possibly a rate cut early next year instead.
For now, expect borrowing costs to remain elevated.
If this update helped you stay informed, donât forget to like, share, and follow! â€ïž
