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

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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  This has to be a joke!

 

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