Markets on Edge as Fed Cut Looms — And the Real Fear Comes After

US Fed Chair Jerome Powell sees no December Rate Cut (Credit: https://www.federalreserve.gov/photogallery.htm)

The monetary markets are gearing up for a decisive stage, with the American Federal Reserve on the verge of cutting interest rates again.

Investors are taking the edge not only because of the immediate impact on borrowing costs but also because of uncertainty about what will happen next.