After the Scattershot: A Multiple Choice Exam

After the Scattershot:  A Multiple Choice Exam

On Wednesday, Jerome Powell changed his tone from offering up word salad to not mincing words that the Fed viewed itself too restrictive and likely to cut rates in 2024.  The dot plot offered up scenarios ranging from two cuts to six and the timing to begin as early as March and as late as October.  WIRP (Wo…