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Powell Pumps Bitcoin, Bonds, & Big-Tech; Crashes Dollar

• https://www.zerohedge.com, by Tyler Durden

While The Fed gushed over just how dovish it was today, willing to do absolutely nothing despite forecasting significant economic growth, inflation, and employment gains (with median rate expectations remaining at lows), there was a hawkish tilt across members who see multiple rate hikes in 2022 and 2023...

While The Fed gushed over just how dovish it was today, willing to do absolutely nothing despite forecasting significant economic growth, inflation, and employment gains (with median rate expectations remaining at lows), there was a hawkish tilt across members who see multiple rate hikes in 2022 and 2023...

ED Futs retraced a little of their hawkish tilt in 2022 (but not much)...

But the dollar gave the loudest signal of what the world thinks of The Fed's total lack of control...

Which makes you wonder...


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