Recommended Watch: The Fed JUST Began the GREAT RESET | NEW DANGERS. (
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Jerome Powell JUST reset market expectations not only over inflation expectations but also over inflation expectations and the course of rate hikes. Jerome Powell also suggested the housing market will face a "correction" and a "difficult correction" with declines exceeding 20%. This FOMC meeting was a disaster though: It broke our faith in inflation expectations, it broke the housing market, and it just reset expectations for higher-for-longer rate hikes. Inflation is a horrible evil.

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