"Fed's Mouthpiece": Allies have paved the way for interest rate cuts, Powell may decide to cut rates but suggests no further cuts in the future.

On November 25, “Fed's mouthpiece” Nick Timiraos posted on social media that the next Fed meeting could likely be summarized by “WWJD” (What Will Jerome Decide), indicating that the final decision-making power is more firmly in Powell's hands than ever before. Allies have paved the way for Powell, and if he wishes, he can push for rate cuts—then signal that further cuts are unlikely in the current situation.