Ever seen a man all alone on a high wire or tightrope without a net, while people intentionally try to throw him off? That's Fed Chairman Jay Powell, as he approaches probably the most important speech of his career today in Jackson Hole, Wyoming. Will he gamble again like in 2021, and move to cut interest rates to boost a weak job market, but that could also lead to soaring hyper inflation and price increases, or will he keep rates steady while inflation is on the rise? All will be revealed, first by Popok on his Friday morning Trump-enomics video, and then by Chairman Powell later today in his speech.
Subscribe: https://www.youtube.com/@LegalAFMTN?sub_confirmation=1
Legal AF Substack: https://substack.com/@legalaf
Follow Legal AF on Bluesky: https://bsky.app/profile/legalafmtn.bsky.social
Follow Michael Popok on Bluesky: https://bsky.app/profile/mspopok.bsky.social
Subscribe to the Legal AF by MeidasTouch podcast here: https://podcasts.apple.com/us/podcast/legal-af-by-meidastouch/id1580828595
Learn more about your ad choices. Visit megaphone.fm/adchoices