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Robin Brooks
robin-j-brooks.bsky.social
did:plc:ud2qlpa2iyw2yamklvfl246q
If you're wondering if Powell's speech is dovish, you're missing the forest for the trees. In 2019, after withering criticism from Trump, the Fed did its "mid-cycle adjustment," an easing cycle of 75 bps. This is all a repeat. The Fed will cut in September...
https://www.federalreserve.gov/newsevents/speech/powell20250822a.htm
2025-08-22T18:21:24.507Z