WASHINGTON—Federal Reserve Chairman Jerome Powell will walk a tightrope this week over whether and how to signal a potential timeout in rate cuts following an expected reduction on Wednesday.
Markets largely expect another quarter-percentage-point rate cut at the Fed’s Oct. 29-30 meeting. It is the Fed’s next step that is uncertain, and investors will closely watch for clues in the central bank’s policy statement and Mr. Powell’s press conference.
BIS, FED, all banks and the financial system are the enemies of the people. 'no state shall make anything but gold and silver coin a tender for payment of debt' Article 1 section 10, US Constitution.
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