POLL: What will Jerome Powell do next week?

[LuciousBDragon]

What is your prediction?

 

[HROT]

25 bps. The Fed is always putting 1 toe at a time in the pool

 

[IAHawk2011]

25 bps cut and no clear direction for future actions (e.g., “we will listen to the data”)

 

[LuciousBDragon]

25 bps cut and no clear direction for future actions (e.g., “we will listen to the data”)

I think you are right but what point would a single rate-cut have? I have to think he knows that a cut and wait approach is just more kicking the can down the road. He is ready to cement his legacy and would have to think a longer term strategy preview would be in order. But again, I think you nailed what will exactly happen.