FOMC - JP appears confused (Patreon)

Markets swinging up and down wildly,,, mostly down

Summary:
Fed has decided to maintain current interest rates, citing a solid economy but heightened uncertainty. Despite risks of higher unemployment and inflation, the Fed sees itself as well-positioned to respond. Powell noted that tariffs' effects on investment and employment remain uncertain, wage gains aren't significantly driving inflation, and the Fed is waiting for greater clarity before acting. However, stocks weakened as the Fed acknowledged higher inflation and growth risks.

no offense here

not even sure why they have 420 PhDs who say nothiing but contradictions every single time.

Contradictions:

• The economy is described as "solid" and the Fed as "well-positioned to respond," yet there’s "heightened uncertainty" and risks of higher unemployment and inflation, which conflicts with the idea of a stable economy.

• Powell states wage gains are not a significant boost to inflation, but the Fed also sees "higher inflation risks," creating ambiguity about inflation drivers.

• The Fed is "waiting for greater clarity" while maintaining rates, but also says the tariff effects "remain to be seen," which suggests they’re acting without the clarity they claim to need.

All over the shop!!! NUTS!