Powell said it's time to cut: Will the market go wild?
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TheTradingDad
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joined discussion ยท Aug 20 21:02
Jackson hole symposium! Hold rates? ๐ค๐ค
This Sat JHS might give us a glimpse of what the Sep FOMC would likely do. Although Chair Powell will probably not commit to any cuts just yet, his tone and speech should give us some clues. All the datas are lining up for a cut and I do believe for a 0.25% cut to kick things off.
But as we all know, anything can happen and its best to be prepared for all scenarios! So have a view but more importantly be like water and stay flexible! Nonetheless Sep FOMC will set the playbook for the rest of the year! All the best guys!
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