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Fiendish Thingy

(23,924 posts)
1. So now you like Powell?
Mon May 4, 2026, 08:57 AM
Monday

I remember a time when he could do nothing to please you.

Glad to have you on team Powell.

I expect the Fed to hold rates steady until the end of the year, and if the economy continues to decline/inflation climb, start hiking rates in 2027.

It’s tricky, because we could be headed for significant stagflation, where rate setting is a finer needle to thread.

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