🚨 NOW
🇺🇸 White House Economic Adviser Hassett stated that the Fed is likely to lower interest rates as soon as next week.
📉 This is one of the most direct signals from the administration about the impending shift towards easing policy.
However, it is important to understand: the rate cut itself will change little.
🔑 The market will respond only to Powell's subsequent speech and to what course of further actions the Fed indicates.
It is precisely the rhetoric that will set the trajectory of the dollar, yields, and risky assets.