famous journalist Nick Timiraos of The Wall Street Journal, known as the "megaphone" of the Federal Reserve, wrote in his latest article that the Fed's interest rate reduction plan is constantly changing, and investors generally expect a third consecutive rate cut this week. After that, officials are prepared to slow down or even stop the rate cuts.
Timiraos said that Powell is trying to find the right position in a labor market that is not so volatile and inflation that is slightly more stable than in September. Some officials have doubts about continuing rate cuts, and officials who strongly supported the first two rate cuts are no longer so sure.
One option this week is to cut rates by 25 basis points and then strongly suggest that the central bank is prepared to cut rates more slowly using new economic forecasts.