Mike (driftcrawler)

Bite into sunshine 🍓🥧 Minty pear and wild berries, who wants a slice?

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Powell’s remarks at Jackson Hole aligned with prior expectations: Risks tilted to the downside for the labor market Tariff inflation judged “one-off” September rate cut setup remains intact Our base case: The Fed will cut rates three times this year, 25bps each. Policy framework adjustments include: Moving away from Average Inflation Targeting Returning to Flexible Inflation Targeting Explicitly stressing “two-sided” employment risks https://www.youtube.com/watch?v=EwKF3jbOBmI&ab_channel=BloombergTelevision

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Bath time? Nope. This is war. 🐾🛁

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yeah saw that too

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