​🚹 POWELL SHOCKS MARKETS: December Rate Cut Hopes CRUMBLE! 📉

​Just when we thought we knew! Jerome Powell just made it clear: DON'T count on a December rate cut! đŸ’„ He emphasized the Fed isn't on autopilot, dashing hopes that were high just weeks ago.

​✹ What This Means:

​Uncertainty Reigns: Odds of a December cut have plummeted to 22-41%.

​Sticky Inflation: The Fed remains cautious, prioritizing inflation risks over easing policy.

​Higher Borrowing Costs: Expect borrowing costs to stay elevated for longer.

​Market Volatility: Uncertainty fuels volatility, as markets hate guesswork.

​Prepare for a longer wait or a potential cut early next year. Stay sharp, and manage your risk! $BTC $ETH $BNB

BTC
BTC
64,256.13
-4.69%
BNB
BNB
593.71
-3.01%
ETH
ETH
1,853.91
-4.64%

​#Powell #Fed #Inflation #MarketVolatility #CryptoNews