FED statement / how many cuts?

The fed is set to talk today.

As you might know, the fed states his decision based on

• If J. Powell uses the words "Risk balance". The stock market is in BIG TROUBLE.
  What this would mean is he would cut rates only once. And the market has already baked in at least 3 more.
  
  
  
• IF J. Powell used the words "Going forward". The stock market might be in trouble, but short-term, we are going UP!
  

*Note
Volatility is low

Comment:

Fed was not too clear in his statement, but when the market was selling off, a reporter told him mid-conference, and he said that this is not necessarily a "one and done".

*I believe overall, this is good for everyone actually.