What is Jerome Powell and the Fed thinking?
From The Desk Of Anthony Pompliano·2026-02-01 22:45
Jerome Powell, he came out in his press conference today and he said they are not going to do an interest rate cut. This is absolute insanity. We have an economy where we know the labor market is weakening.We know that inflation is falling at a rapid pace. Inflation is now lower than 1.2%. Now, on top of that, we know that AI is a big deflationary force.It's going to smack into the economy and it's going to further bring down inflation. What the heck is the Federal Reserve looking at. So, the only thing I c ...