Powell just raised rates. I don’t think a pivot is in the cards till late Summer. I swear, I think he’s a white hat and out to crush Euro and Brits Centrsl banks. Steal all their gold to remain on the US welfare plan.
I was hoping he do two consecutive 1/2% raises. Inflation is over 10% they want inflation. Biggest scam on Americans.
The central banks are ponzie schemes. Just so long as our ponzie is the last standing. I think that’s Powell game plan. His replacement is a Davos highly educated clown like Yellen.