This makes one think how dramatic the fed’s easing scale will be when it’s needed. It’s a trend and a race between developed countries.

Isn’t it so clear that what should we do now?

With the above being said, Fed is in a sweet spot that they are equipped with all the tools when they are needed. No rush to cut rates simply because economy is quite strong and we can afford to wait and see to be sure inflation is dead.

Seems Powell tends to signal that inflation is not that serious an issue now. Everything sound so dovish

eevee1757

@cockatoo674