Global traders have been speculating against the Federal Reserve once again as Powell continues to stress ‘data dependent decisions’ while being cautious about the progress with inflation. That said, there seems to be a growing gap between the expectations of the market and the rate of the Fed. With multiple rate cuts being predicted, Powell seems to be misguiding the market. With rate cuts being expected, and investing being done, a historical paradox could arise. If the predicted data is not available, there is bound to be a great deal of uncertainty. Such rate expectations have been historically proven to be inaccurate. In the current situation, the great paradox of investing is being witnessed Traders seem to be highly optimistic while the Federal Reserve seems to be averse to committing any rate cuts.
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