Jerome Powell: December Cut is "Far From" Guaranteed

In addition to all of the things that Pal was doing with Easy Money, he said in the committee's discussions in this meeting, there were strongly differing views about how to proceed in December. And he said this, "A further reduction in the policy rate at the December meeting is not a foregone conclusion. Far from it." Okay. >> Okay.Wait, so the last time we brought up the poly market to talk about Fed rate cuts, we were like, "And then we can go to the next one." We are currently at the next one. When we c ...