The Fed's next move
A blackout kept officials quiet as the oil shock hit. Now Fed Chair Jerome Powell returns with new projections — aiming to signal caution without moving rates. The physical oil market is screaming tighter supply while the paper market barely reacts. Plus, Micron’s AI surge keeps equities buoyant.
Today’s recommended read:Inflation expectations flash a warning - but not a long-lasting one, by Mike Dolan
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Produced by Eliza Davis Beard, Ethan Plotkin, and Abisoye Adelusi
Sound engineering and…
The skinny
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