CoinVoice has learned that Nick Timiraos, a prominent reporter known as the 'Fed Whisperer' (Wall Street Journal), wrote in his latest article that the Fed's rate-cutting plans are constantly changing, with investors broadly expecting a third consecutive rate cut this week. After this, officials are prepared to slow down or even stop rate cuts.
Nick Timiraos says Powell is trying to find the right positioning amid signs that the labor market is less volatile and inflation is slightly more stable than in September. Some officials have expressed doubts about continuing to cut rates, and those who previously strongly supported the last two rate cuts are no longer so certain.
One option this week is to cut rates by 25 basis points, then strongly signal through new economic forecasts that the central bank is ready to cut rates more slowly. [Original link]
