๐ข Will the Fed Cut Rates Again? ๐ฆ๐ฐ
Fed Chair Jerome Powell says a December rate cut isnโt guaranteed. ๐ฌ
After lowering rates by 0.25% and ending quantitative tightening on Dec 1, Powell warned that the Fed is not following a fixed plan everything depends on upcoming economic data. ๐
๐ Inflation is lower than before but still above the 2% goal.
๐ The job market is cooling but still strong. ๐ผ
๐ Plus, some key government data is delayed because of the shutdown, making things uncertain.
Powellโs message:
โก๏ธ The Fed is moving carefully, not cutting rates automatically.
โก๏ธ A December cut might happen only if inflation keeps falling and growth slows more clearly.
In short the Fed is watching the data ๐ before making the next move.
For now, caution is the strategy. โ๏ธ
#FederalReserveFUD #JeromePowell #CPIWatch #Inflation #Write2Earn
