​Powell Vows To Cut Rates With Stocks, Home Prices, Rents And Food At All Time Highs – Tyler Durden

Powell Vows To Cut Rates With Stocks, Home Prices, Rents And Food At All Time Highs Well, it’s official: Powell came, saw, and unlike two years ago when, with with CPI rising almost double digits the uber-hawkish Fed chair warned of “pain” to come, this time he couldn’t be more dovish. Having put inflation fully in the rearview mirror, the “Powell payrolls pivot” is now complete because as the Fed chair said, “the cooling in labor market conditions is unmistakable” even if it was quite mistakable to the Biden admin’s presstitutes as recently as one month ago. It appears the…  — Continue at ZeroHedge News : Read More