CPI is at 8 month low.
Core CPI is almost at 5-year low.
Job market is cooked.
Bankruptcies are rising.
Credit card delinquencies are going up.
Housing market is in trouble.$BANK
And still, Powell is acting like the economy is stronger than ever and only concern is the inflation.
Powell already made a horrible mistake by continuing QE for longer in 2021, which destroyed the markets in 2022.$BTC
He is doing something similar again by being hawkish for longer than needed $OM