So pretty much it seems like MM's are trying to strong arm powell into cutting. The sell off and cry for emergency rate cuts was the first attempt, now they'll just talk about how he's guaranteed to cut for september otherwise there's going to be market turmoil and seeing as market turmoil is one of powells main focus on maintaining they'll just assume he'll cut. 2.9% is not 2%, cutting early could end up with a rate hike at a later date seeing as nothing has improved. The market is doing great and they're making money... which means they're in total disconnect to what's actually happening to the lower/middle class. Keep pretending to play fed with your predictions and gambling instead of seeing the big picture.
@@Fgji230our numbers would be drastically different if they weren't doctored to look better than things actually are. Back in the 70s the reports were real and reported as is.
