🚨 Tomorrow, Jerome Powell steps into the chamber for the last time.. 🏛️🇺🇸
Eight years at the helm of the world's strongest central bank, navigating the COVID crisis, the highest inflation wave since the 80s, and the fiercest rate hike campaign in modern history.
Tomorrow, Wednesday, at 9 PM Mecca time, the Fed will announce its decision, and the forecasts are nearly unanimous: holding rates steady at 3.5% – 3.75%. 📉
But the decision itself isn't the real news; it's the press conference that follows. Powell knows every word will be analyzed through a different lens this time, a lens that's saying goodbye and handing over the reins. The markets aren't waiting for numbers; they're waiting for the "tone" of his voice. 🎙️📈
Will he seem confident? Will he hint at upcoming cuts? Will he send a message to his successor "Kevin Warsh" who will take the chair in less than three weeks?
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