Powell dropped some interesting context during today's presser. Back in October, the Fed was pretty clear they weren't locked into a December rate cut—turns out that caution was spot on.



What's driving today's decision? The labor market's been cooling off gradually. Not crashing, just... easing. That steady deceleration seems to be giving them room to maneuver without panicking about either inflation or a hard landing.

The messaging feels deliberate: they're watching employment data closely, but not rushing into reactive moves. Classic data-dependent positioning.
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ChainWallflowervip
· 21h ago
Powell's move this time is really steady; he didn't insist on cutting interest rates in October, and now that the data looks good, he's not in a rush to cut.
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DegenMcsleeplessvip
· 22h ago
Powell's move this time is indeed solid. Back in October, I wasn't caught in a deadlock, and now it seems the strategy was right.
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AirdropHuntervip
· 22h ago
What does Powell mean with this move? It feels like he's still leaving suspense for the market.
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ForkTroopervip
· 22h ago
Powell didn't bluff this time; the cautious stance in October was indeed wise. The labor market is gently cooling down, and the Fed is still waiting for more data, remaining steady.
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GasGasGasBrovip
· 22h ago
Powell's move this time is really steady; the October deadline was set early, and don't expect a guaranteed rate cut. It now seems that there was indeed no mishap.
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