Fed Chair Powell’s tone and yield curve to steer market reaction to Fed rate cut

The Federal Reserve’s big decision is coming on Wednesday, when Chair Jerome Powell will confirm if the US central bank has made its first interest rate cut since 2024. Futures markets have already priced in a 25 basis point reduction, which would bring the federal funds target range to between 4. 00% and 4. 25%. In the […] source: https://www.cryptopolitan.com/powells-tone-to-steer-fed-cut-reaction/