​Fed/Powell Unleash Chaos Across Markets With ‘Not A Crisis At All’ 50bps Rate-Cut – Tyler Durden

Fed/Powell Unleash Chaos Across Markets With ‘Not A Crisis At All’ 50bps Rate-Cut 50bps cut… uber-dovish Dots… Powell pushed back… stocks end red, dollar and yields end higher. “The US economy is in a good place and our decision today is designed to keep it there,” said Fed Chair Pay Powell during the press conference. So a crisis-level 50bps rate-cut at record highs for stocks and home prices, just two months ahead of the election is warranted because the “economy is in a good place.” The next time the Fed meets, voters will have already cast their vote for the…  — Continue at ZeroHedge News : Read More