Wild card
J Powell has always been a wild card & potential landmine.
The market went red after he spoke during the last 3 FOMC meetings. He seems to like to come out and spook the market.
Can the bulls end the bears’ streak?
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dwarrior : He don’t shake, inflation will be sticky. He cannot pivot if he wants to go 2%. My 2 cents thought
practical practice : I feel that market condition still can take another 0.75 hike. if he maintain 0.50, it will send a different message.
he can pivot at any point of time , -1.00 or even 1.50 when inflation comes down.
Violets : how do you slow hikes and remain hawkish? LOL well I guess quantitative tightening. I don't know people just don't understand the FED anymore and people are fed up with inflation
Cow Moo-ney OP dwarrior : Agree!