BlockBeats news, on November 25, “Fed mouthpiece” Nick Timiraos posted on social media that the next Fed meeting can likely be summarized with “WWJD” (What Will Jerome Decide), indicating that the final decision is more firmly in Powell's hands than ever before. Allies have already paved the way for Powell, and if he is willing, he can push for a rate cut—then signal that further cuts are unlikely under the current circumstances.
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"Fed's Mouthpiece": Allies have paved the way for interest rate cuts, Powell may decide to cut rates but suggests no further cuts in the future.
BlockBeats news, on November 25, “Fed mouthpiece” Nick Timiraos posted on social media that the next Fed meeting can likely be summarized with “WWJD” (What Will Jerome Decide), indicating that the final decision is more firmly in Powell's hands than ever before. Allies have already paved the way for Powell, and if he is willing, he can push for a rate cut—then signal that further cuts are unlikely under the current circumstances.