#FOMCMeetingUPDATE #FOMCMeeting The Fed just wrapped up their latest meetingâand letâs be honest, the only thing climbing faster than the interest rates was Powellâs blood pressure when someone mentioned âsoft landing.â
Wall Street traders: âThey didnât cut? To the moon, baby!â
Powell, unbothered: âDid I stutter?â
Millennial homeowners: âSooo... is now a good time to refinance?â
The Fed: âYeah, hard no.â
Current market mood:
Stocks: Feeling themselves, strutting like they own the place
Bonds: Midlife crisis mode
Crypto: Throwing a 2021-style party
Gold: Zen and unbothered
Recession: Still waiting in the lobby, flipping through outdated magazines
Powellâs press conference summed up:
âWeâre doing whatâs necessary.â
Translation: âWeâre just winging it with some fancy charts.â
Letâs be realâFOMC meetings these days feel like a crossover episode of Market Mayhem, FedSpeak 101, and Gen Z vs. Wall Street.
Catch you at the next oneâbring snacks and maybe a therapist who understands macroeconomics.