🚨 POWELL SHOCKS MARKETS: December Rate Cut Hopes CRUMBLE! 📉
Just when we thought we knew! Jerome Powell just made it clear: DON'T count on a December rate cut! 💥 He emphasized the Fed isn't on autopilot, dashing hopes that were high just weeks ago.
✨ What This Means:
Uncertainty Reigns: Odds of a December cut have plummeted to 22-41%.
Sticky Inflation: The Fed remains cautious, prioritizing inflation risks over easing policy.
Higher Borrowing Costs: Expect borrowing costs to stay elevated for longer.
Market Volatility: Uncertainty fuels volatility, as markets hate guesswork.
Prepare for a longer wait or a potential cut early next year. Stay sharp, and manage your risk! $BTC $ETH $BNB
BTC
88,623.65
+0.98%
BNB
896.82
+2.57%
ETH
2,990.47
+2.84%