#powell
🚨 Powell speaks… and the beginning of December brings a turning point for the Federal Reserve!
This December, the year enters with one of the heaviest anticipated economic packages:
• Release of pivotal job data
• Anticipated speech by Federal Reserve Chairman Jerome Powell today, Monday, December 1
In his speech, Powell is expected to address:
🔹 His assessment of the state of the U.S. economy
🔹 Outlines of monetary policy over the coming weeks
🔹 Review of the operational framework currently relied upon by the Fed
💥 This event coincides with the Fed officially halting the quantitative tightening (QT) program on December 1 — a decision that was solidified during the October FOMC meeting, and is considered one of the most significant shifts in the current tightening cycle.
📉 The odds of an interest rate cut in December jump to 86%
This reflects a clear shift in market pricing… and means one thing:
⚡ High volatility is on the horizon, and preparations are required from all traders.
