Hahah the financial markets crumbled bc Powell was slightly more hawkish and the dot plot ( which is useless as a forecasting tool , it's just fwd guidance ). Can u imagine what would happen if the fed didn't cut. Our economy is built atop an asset bubble. If the fed doesn't see it, and tries to pop it they will soon find out.
Hahah the financial markets crumbled bc Powell was slightly more hawkish and the dot plot ( which is useless as a forecasting tool , it's just fwd guidance ). Can u imagine what would happen if the fed didn't cut. Our economy is built atop an asset bubble. If the fed doesn't see it, and tries to pop it they will soon find out.
why no discussion about fiscal dominance???