Did the Fed Chair really say anything new?
Agree - market commentary always has mostly been "look back and rationalize" - if the price movement had been up, then some other part of Powell's speech would have been used as justification. as you aptly point out.
Agree - market commentary always has mostly been "look back and rationalize" - if the price movement had been up, then some other part of Powell's speech would have been used as justification. as you aptly point out.