šŸŒŽšŸšØJerome Powell has sent shockwaves

through markets by signalling that, despite

two rate cuts this year, a further reduction in

borrowing costs at the December meeting is

far from guaranteed. With inflation still

hovering around 3% and the labour market

showing mixed signals, Powell warned that

the bar for easing is ā€œrelatively highā€ and

stressed the Fed must be ready for ā€œno

risk-free pathā€ ahead.

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