​Rabobank Goes Apeshit On Powell’s Orwellian Rate Cut – Tyler Durden

Rabobank Goes Apeshit On Powell’s Orwellian Rate Cut Some hilarious, and absolutely spot on, excerpts from the reaction note by Rabobank’s Fed-watcher Philip Marey who clearly isn’t getting invited to the Marriner Eccles Christmas, pardon, Holiday party this year. Here are the highlights from the report which equates what Powell said with the worst parts of 1984. If there was a strong case for a 50 bps cut, Powell did not make it at his press conference. He repeatedly stressed that the US economy was strong, but we should see the strong move as a commitment to keep the economy…  — Continue at ZeroHedge News : Read More