The Fed just delivered another 25 bps rate cut, taking the benchmark down to 3.75% - 4.00% a move the market expected.
But Powell dropped a twist: he said there's “no guarantee” of another cut in December.
So why the hesitation? 🤔
Because the U.S. government shutdown has blinded the Fed — key reports like jobs, inflation, and retail sales are offline, leaving policymakers without their usual data dashboard.
Now the Fed's flying through the fog, using private sector data to guide decisions — kind of like a trader trying to read the charts without indicators.
It's a risky game: cut too much, and inflation could rebound; hold too long, and the job market might crack.
💬 What's your take — will Powell play safe or roll the dice again in December? 👇
Meanwhile, traders last night be like 😵💫
-
Gold traders: “We going to the moon!” 🚀
-
USD bulls: “Bro, my stop loss just exploded.” 💥
-
Powell: “No guarantee for December…”
-
Everyone else: 🧍♂️🧍♀️ (watching charts go wild)
XAU/USD spiked, USD/JPY dumped, and stop losses were flying everywhere — welcome to the post-Fed volatility party 🎢📊
🔔 Don't forget to follow Followme and stay in sync with the latest updates.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Like this article? Show your appreciation by sending a tip to the author.
Leave Your Message Now