ššØJerome 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 ārelatively highā and
stressed the Fed must be ready for āno
risk-free pathā ahead.
āš

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