First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/11/08/fed-cuts-interest-rate-powell-walks-a-messaging-tightrope-003607
<p><img src='https://www.moneymetals.com/uploads/content/Fed-Cuts-Interest-Rate--Powell-Walks-a-Messaging-Tightrope.jpg'/></p>Unsurprising and bland. Those words pretty much sum up the November Federal Reserve meeting. The central bank cut rates and worked hard not to say anything meaningful.