Here are the five key takeaways from the Fed meeting and Powell news conference

Core Insights - The Federal Reserve meeting concluded with both expected outcomes and unexpected elements, particularly regarding the December rate cut [1] Group 1: Rate Cut Expectations - The Federal Reserve's stance on a potential December rate cut has shifted, with indications that it may not be as certain as previously thought [1] - Economists suggest that the likelihood of skipping a rate cut in December has increased, potentially delaying further accommodative measures into the new year [1] - Despite some expectations, a December rate cut still appears likely, as Fed leaders are cautious about the implications of a slowdown or recession [1]