The most frequently mentioned phrase by Powell tonight is: "It's too early."
The only words I can maliciously associate are: the stock market hasn’t fallen enough, the economy hasn’t collapsed yet, employment is still very stable, and inflation is near the target.
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The most frequently mentioned phrase by Powell tonight is: "It's too early."
The only words I can maliciously associate are: the stock market hasn’t fallen enough, the economy hasn’t collapsed yet, employment is still very stable, and inflation is near the target.