Jerome Powell Is Losing His Grip on the Fed, JPMorgan's Michele Says

Group 1 - The discussion indicates a potential shift in monetary policy, with suggestions that a 75 basis point increase could have been more appropriate given previous sentiments [1] - There is a perception that the labor market is showing signs of softness, and inflation is not as pressing a concern as previously thought, indicating a possible easing of monetary policy [2] - The re-emergence of certain dissenting voices within the Federal Reserve suggests a potential loss of control by the current leadership, particularly Powell [2]