Fed Overreaction: I'd suggest that Powell wonder aloud if further interest rate increases will be necessary in light of the success (his word) the Fed has had in bringing down expectations and a bemused puzzlement that the Treasury does not provide finer-grained instruments for gauging market sentiment.
Ancient Regime: I have ben impressed at how hard Louis worked to loose his head, how easily he could have accommodated the Generally Assembly. And he had the example of Charles II 'pour encourager les autres.'
Fed Overreaction: I'd suggest that Powell wonder aloud if further interest rate increases will be necessary in light of the success (his word) the Fed has had in bringing down expectations and a bemused puzzlement that the Treasury does not provide finer-grained instruments for gauging market sentiment.
Ancient Regime: I have ben impressed at how hard Louis worked to loose his head, how easily he could have accommodated the Generally Assembly. And he had the example of Charles II 'pour encourager les autres.'