Jerome Powell - Is He Really Going to Lower Rates?

Mark O'Mara: I remember back in November when they started talking about this and you can go back on my YouTube channel, look at videos at that time. And so they were saying, Hey, we're going to start tightening. And I was saying, no, they're not. So now Jerome Powell says we're probably not done hiking yet. There's more pain, pain, pain. He keeps going back to more pain ahead. Now he says that now they're going to raise rates and leave them there for a long time. Right? The markets are like, yeah, okay, like we don't believe that you're going to continue to cause pain,. We don