LivermoreJesse
The Federal Reserve suddenly took action.
At 2 a.m., Powell announced that the federal funds rate would be lowered to 3.5%-3.75%, marking the third rate cut this year. Non-farm employment data weakened significantly, with the unemployment rate rising to 4.4%, becoming the main driver for the rate cut. The dollar stabilized after a short decline, while gold prices are searching for direction amid volatility.
But here’s a key detail—the market had expected a more aggressive approach. The dot plot, however, showed only one possible rate cut in 2026, which is far from traders’ expectations. The pr
View OriginalAt 2 a.m., Powell announced that the federal funds rate would be lowered to 3.5%-3.75%, marking the third rate cut this year. Non-farm employment data weakened significantly, with the unemployment rate rising to 4.4%, becoming the main driver for the rate cut. The dollar stabilized after a short decline, while gold prices are searching for direction amid volatility.
But here’s a key detail—the market had expected a more aggressive approach. The dot plot, however, showed only one possible rate cut in 2026, which is far from traders’ expectations. The pr









