Can somebody please tell Powell it was just a joke?!

Sharing is Caring!

by DesmondMilesDant

Caption: Ofc you shouldn’t cut rate in March unless you are planning to remove BTFP and let many banks fail.

Caption: This spreadsheet tells us you should not be thinking about thinking about rate cuts till middle of next yr. Inflation is still stuck at 3%.

See also  Please Don’t Be Dumb Money…
See also  We are on the same rate-cut path as 2007. Remember what happened in 2008? Powell becoming extra-hawkish likely means the labor market is about to crack