Powell's nonsense is equivalent to not saying anything. The King of Understanding is forcing a rate cut, and there is no consensus within the Federal Reserve. Old Powell is caught in the middle However, it is worth noting the dot plot. It is certain that there will be a rate cut this year, but the probability of a rate cut in July is very low. The real disagreement among the Federal Reserve is how many rate cuts will be made in the three subsequent meetings after July. If you want to force a surrender in July, I estimate that Dong Wang will need to work hard 🥲