#FOMCMeeting Recap: Welcome to the “We Have No Idea What We’re Doing” Era
BREAKING: Jerome “No Chill” Powell just wrapped the latest FOMC flex, and guess what?
Interest rates went up faster than your rent.
And Powell? Dude hit DEFCON 2 the moment someone whispered “soft landing.”
Wall Street degen bros:
“Pause confirmed! Pack your bags, we’re mooning!” 🚀
Powell:
👀 “Did I stutter?”
Meanwhile, every millennial who bought a home in 2021:
“Hey uh… refinance?”
FOMC:
“Hard pass, champ.”
Market reactions?
Stocks: vibing like Powell just handed out stimulus checks
Bonds: looking around like they lost their keys
Crypto: tequila shots at 9am, yelling “WAGMI!”
Gold: chilling like your grandpa at a BBQ
Recession: still waiting in the hallway like it forgot its appointment
Powell’s official quote:
“We’ll do what we gotta do.”
Translation:
“We’re staring at charts, throwing darts, and hoping the economy doesn’t implode.”
At this point, FOMC meetings are basically live-action performance art.
Confusion? ✔️
Overreactions? ✔️
Boomers screaming “back in my day”? ✔️
See you at the next circus. Bring your popcorn.
And maybe a hedge. Or two.