šØš„ POWELL UNLEASHES RATE CUT WAVE: "LABOR MARKET IN TROUBLE" š£š° The markets just erupted after Federal Reserve Chair Jerome Powell dropped a bombshell at the National Association for Business Economics meeting in Philadelphia šļø ā signaling that more rate cuts are coming as Americaās labor market starts to crack. ā ļøš Powell didnāt mince words: > āThe labor market has weakened ā layoffs are rising, hiring is slowing, and confidence is slipping.ā š¬ With that, Wall Street heard it loud and clear ā the Fed is gearing up for at least two more 0.25% cuts before 2025 ends š¦āļø. š¼ THE SIGNAL BEHIND THE SPEECH Behind Powellās calm tone lies a storm brewing: š Layoffs are climbing, while job openings keep vanishing. š Businesses report itās getting easier to hire ā a sign demand is fading. š” AI-driven sectors show bursting productivity, but the rest of the economy feels hollow. Add to that a federal shutdown delay in data, and the Fed is steering through economic fog ā relying more on intuition than hard numbers. šµāš« š„ INFLATION STILL LINGERS ā BUT RELIEF AHEAD? Powell acknowledged that inflation remains sticky above the 2% target šÆ, partly thanks to the tariff turmoil from U.S.-China tensions. But he hinted relief could be coming as ātemporary price pressures fade.ā Translation? š The Fed believes the inflation beast š may finally be losing strength ā giving room to ease policy further without losing credibility. š£ MARKET EXPECTS DOUBLE CUTS AHEAD Traders are now fully pricing in 25 bps cuts in both October and December ā a dovish one-two punch š„ to rescue the cooling economy. Powellās message was clear: > The Fed will āact as needed to support employmentā, even if inflation hasnāt fully cooled yet. This sets up a massive pivot moment for 2025 ā where the Fedās focus shifts from fighting inflation to saving jobs and stabilizing growth. š THE TAKEAWAY: THE FEDāS BALANCING ACT Powellās tone was cautious yet decisive ā the hallmark of a Fed preparing for turbulence. šŖļø Heās walking the tightrope between economic fragility and market confidence ā and the stakes couldnāt be higher. š Two more cuts ahead. š¼ A weakening labor force. š„ A fragile recovery in the balance. The message? š The era of higher-for-longer is ending. š The era of easing-for-survival has begun. #PowellRemarks #FederalReserve #InterestRates #Economy #BreakingNews #MarketPullback
šÆ Target? A retest of the old high $1.50! Will it go further? šš„ This chart is a candidate to make ENA the "star coin of September"! š #ethena