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FedWatch 148 - Fed Messaging Blunder “Hawkish Pause”

Bitcoin Magazine Podcast

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The Narrative Mismanagement of Powell's Comments

Howard Kurtz: I was just wondering if you could help us understand the narrative here because it feels like there's been a level shift in the in the dots, stronger GDP, less of a hit on employment. And I'm wondering in this sort of where's the disinflation coming from? The labor market's going to be stronger. It looks like it's not coming down all that fast. According to GDP, you've doubled your your estimate of GDP. So what's the what's the narrative here? He says he doesn't think the story has really changed. Kurtz: Any forecast that people are making right now about inflation coming down this year will contain a big dose of

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