Powell challenges the market's idea of a Fed on autopilot
Update: 2025-10-30
Description
Federal Reserve Chair Jerome Powell's cautious stance on further rate cuts, despite expectations, sent shockwaves through markets. With uncertainty looming due to data blackout and mixed signals from Fed officials, investors are left guessing about the December meeting. Powell's metaphor of driving in the fog highlights the Fed's careful approach amidst economic uncertainty.
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