Instant Reaction: Jay Powell on the Fed Decision

Fed Chair Jay Powell's latest remarks stir up discussions on the stock and bond markets, revealing a hawkish stance. The conversation humorously shifts to European football, illustrating the light side of economic debates. Insights emerge on inflation expectations and labor markets, highlighting the Fed's focus on employment over inflation. Comparisons with Canada's monetary policies raise questions about communication strategies. Finally, the pivotal role of AI investments from tech giants may hold recession at bay, echoing the tech boom of the 90s.