Consumer Price Index (CPI) is at its lowest level in 8 months.


Core CPI is close to its lowest level in 5 years.
The job market has already collapsed.
The number of bankruptcies is rising.
Credit card delinquency rates are increasing.
The real estate market is in trouble.
However, Powell still behaves as if the economy is stronger than ever, and his only concern is inflation.
Powell made a terrible mistake by continuing to extend quantitative easing policies in 2021, which destroyed the market in 2022.
He has made a similar mistake again by maintaining a hawkish stance for too long.
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