🚨 Powell's Prediction vs. Reality 🤔
Jerome Powell's June statement: "We're not cutting interest rates because everyone expects tariffs to drive up inflation 📈." But July's inflation report just came in... 😐
The Numbers Don't Lie 📊
- Below Expectations: Inflation came in lower than expected, contradicting Powell's concerns about tariffs 📉.
- Fed's Decision: The Federal Reserve's stance on interest rates is under scrutiny, given the unexpected inflation numbers 🤔.
Calls for Change 🔥
- Fire Powell?: Some are questioning Powell's leadership and forecasting abilities, given the discrepancy between predictions and reality 😡.
- Market Reaction: The market's response to the inflation report could influence future monetary policy decisions 📈 .
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