Shocking reversal! Trump appointees turn collectively "dovish to hawkish," Powell's rate cut this week besieged by 5 dissenting votes, the biggest split in history shakes global markets!

This week’s Fed meeting has Wall Street on edge! A rate cut is already a sure thing, but everyone’s betting that Powell will go for a “hawkish rate cut”!

What is a hawkish rate cut? It means lowering rates this month, but sticking to tough talk: Want more easing in January? No way.

After all, the Fed is in turmoil internally—doves are eager to inject liquidity to save the market, hawks are determined to fight inflation, and Powell’s balancing act is “hell-level difficulty.”

Bank of America poured cold water on expectations: Powell wants to repeat October’s “Tai Chi balancing act”? Not likely!

After all, there’s a bunch of key data coming out between the two meetings, and some hasn’t been updated due to the government shutdown.

J.P. Morgan experts add: After the rate cut, rates will be close to neutral levels. Whether there’s further easing depends on labor market strength—it’s not something you can just decide on a whim.