Landing Secured?

There's talk of a Fed pause. Who could've seen that coming? I don't relish "I told you so" moments but... well, I told you so. There were plenty of good arguments for the 50bps rate cut Jerome Powell delivered last month, particularly when you consider the information available to the FOMC at the time. But if there were any good arguments on September 18 for delivering an additional 50bps of cuts by year-end, there were fewer such arguments on October 4, which is to say after the September job