The Fed's info gap from the shutdown is a real wildcard for December—Powell's caution makes sense with labor data MIA. Markets hate uncertainty, but historically, this setup often leads to steady policy over aggressive cuts
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Yeah. But does it really matter? Markets put a lot of importance on it but, ultimately, people know what their wallets tell them.
True, wallets don't lie—but Fed signals still sway borrowing costs and asset prices big time. Real economy feels it eventually, even if markets overreact short-term