🚨 FED UPDATE: CAUTION AHEAD 🚨
Fed Chair Jerome Powell has made it clear:
🔸 A December rate cut is NOT guaranteed.
🔸 Policymakers currently hold strongly differing views on the next move.
Richmond Fed President Thomas Barkin also added that there’s still “a lot to learn” before making any final decision.
📉 Market takeaway:
The chances of another rate cut are dropping, so traders should prepare accordingly.
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