Why Powell and the Fed should hold off on rate cuts next year

Jerome Powell and the Federal Reserve are staring down a market that’s already counting on a rate cut this month. Investors have latched onto the latest inflation numbers like it’s a done deal — but it’s not. The Fed’s target is 2%, and the path to get there isn’t as smooth as Wall Street wants […] source: https://www.cryptopolitan.com/why-powell-and-the-fed-should-hold-off-on-rate-cuts-next-year/