GeneralBearishFortune Crypto · Oct 297/10
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Powell warns not to count on a December rate cut just yet—the Fed is extremely divided, and a further cut is ‘not a foregone conclusion. Far from it’
Fed Chair Powell signaled that a December rate cut is far from guaranteed and emphasized internal disagreement within the Federal Reserve. While the central bank will pause its balance sheet reduction in December, Powell clarified this represents a pause in quantitative tightening rather than a shift toward monetary easing.
