When I looked at FedWatch today,

I blew the beer I was drinking out of my nose because the probability of a 0.5% rate cut was 65%. I realized that the words of the former president of the New York Fed, even if he is a "former", have a big impact. On the other hand, I thought, well, wouldn't it be better if the New York Fed made all the decisions? And I also wondered if it was okay for a former official to say whatever they wanted during the blackout period. With the market moving, I also worried that insider trading-like activities could happen in the bond market, which made me a little unhappy, but it's possible that I'm just an amateur overthinking things.