Fed days are my favorite days and while that might make me a mega-nerd today turned out to be a bit of a disappointment. The Fed voted to pause on further rate cuts, with Powell stating that the committee feels “policy is meaningfully less restrictive than before cuts”. At the press conference, the Fed Chair danced around Trump tariff trepidation and addressed adjustments that were made to the Committees statement. At face value, the adjustments would indicate concerns over rising inflation, wh…
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