“This recalibration of our policy stance will help maintain the strength of the economy and the labor market, and will continue to enable further progress on inflation as we begin the process of moving forward a more neutral stance,”
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146 sats \ 7 replies \ @grayruby 19 Sep
Recalibration shall be the new buzz word.
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84 sats \ 4 replies \ @kepford 19 Sep
Its a good word... it sounds technical and therefore scary enough for most people to ignore. But not so clear that it exposes the truth to the average joe.
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173 sats \ 3 replies \ @grayruby 19 Sep
The Fed is actually better at crafting their language than they are at monetary policy. Haha.
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74 sats \ 2 replies \ @nichro 19 Sep
Spot on.
More effort is spent on carefully choosing each word of a release.
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104 sats \ 1 reply \ @teemupleb 20 Sep
They probably employ many linguists and literary theorists to pursue maximum employment for humanities graduates.
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64 sats \ 0 replies \ @nichro 20 Sep
The unspoken third mandate
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103 sats \ 0 replies \ @Bell_curve 20 Sep
A more neutral stance in the future
So they admit they are partisans lol
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81 sats \ 0 replies \ @siggy47 OP 19 Sep
And it of course means nothing, unless the definition is "artificially juice the markets before the election."
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110 sats \ 2 replies \ @kepford 19 Sep
One to the most interesting things I've heard over the years from listening to the No Agenda podcast is how often people give a laugh tell when discussing some government thing. Usually a gov shill talking and laughs at an odd time. Sometimes its someone like Bill Gates though. But usually it is about something I think they are lying about.
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42 sats \ 1 reply \ @Undisciplined 19 Sep
Kamala and Hillary are probably the best known for bizarrely timed laughing.
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0 sats \ 0 replies \ @Bell_curve 20 Sep
Both have terrible cackle
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63 sats \ 0 replies \ @Coinsreporter 19 Sep
This is Powell at his best. He chooses words which tells how clueless fed is. It's now confirm that fed know nothing about economy and in most instances, they are gonna do what politics demand from them.
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43 sats \ 0 replies \ @Bell_curve 20 Sep
https://cointelegraph.com/news/fed-rate-cut-politically-motivated-increase-inflation-arthur-hayes
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43 sats \ 0 replies \ @bitalion 20 Sep
Oh, I think I'm listening to a communist leader 🤣🤣
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43 sats \ 0 replies \ @Satosora 19 Sep
Strengthen the economy with inflation?
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43 sats \ 0 replies \ @TomK 19 Sep
Modern feudalism needs a popcorn eating, beer drinking ,TV-addicted and uninforned herd to survive.
Personally I could switch to vine any day
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