Powell is right on the $$$. Inflation fear porn by the MSM was used to influence policy decisions and cause a sell panic. Those who bought the dip will be rewarded.
$1,000 discount on Amazon. $100 discount on Adobe.
Very nice for retail investors & retirement fund managers. A total head fake. The real rate went unchanged. Nothing changed. It was ALL propaganda.
I bought a dozen eggs for $1.29…A dollar fkn twenty nine in the year 2022. What the inflation panic did was inflate salaries by strict border and illegal immigration control by using coronavirus.
So the real fear was instilled into employers who used workers for cheap labor. Now they're faced with going out of business or massive legal problems.
Low unemployment rate and low initial & continuous unemployment claims (the real gauge).
It's a workers market and reshuffling the office cuck mentality means freeing the mind. The worker suddenly realized their worth.