Fed Cuts, Big Tech Reports
Posted On October 29, 2025
FOMC day meets record highs as small caps and crypto lag behind mega-cap momentum.
FOMC Day: All Eyes on Powell
The Fed decision hits at 2PM ET, with markets pricing a 99.9% chance of a rate cut today and a 91% chance of another in December. While the move is already priced in, the commentary will set the tone.
Powell’s stance on inflation and labor softness will determine if this marks the start of a broader easing cycle. With the S&P 500 at all-time highs and a third straight gap-up open, traders are betting on lower rates driving more upside… even as VIX sits near 16.