#PowellRemarks

🚨 Big shock in the markets today: Jerome Powell, chair of the Federal Reserve, declared that a rate cut in December is not a foregone conclusion, reversing market expectations and rattling Wall Street.

He warned that despite signs of labour‑market softness, inflation remains stubborn and the path ahead has “no risk‑free option”.

Markets reacted fast — hopes of an end‑of‑year interest relief rally just got put on hold.

#Fed #MarketPullback #interestrates #InflationShock

$XRP

XRP

1.3987

-2.77%