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Rate Cut SHOCKER! Wall Street’s 89% Bet & Powell’s FATE Revealed!

Rate Cut SHOCKER! Wall Street’s 89% Bet & Powell’s FATE Revealed!

Could the Federal Reserve be on the verge of a major leadership shake-up? Wall Street is increasingly convinced a December rate cut is coming, with traders pricing in an 89% probability amidst lukewarm economic data. This optimism is fueled by speculation that Kevin Hassett, seen as a more dovish figure, might replace current Fed chair Jerome Powell, though markets remain skeptical. Meanwhile, specific company performances varied wildly; Salesforce surged on a strong outlook, but Snowflake tumbled after missing revenue guidance. Stay tuned for more critical economic updates and market reactions by subscribing to our channel for the latest financial insights.

Tags/Hashtags: #nasdaq #inflation #salesforce #snowflake #anthropic #kroger

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