Jackson Hole in One

<p>Well so much for that market euphoria. A lot of market observationists were really expecting a Fed victory lap at the Jackson Hole symposium after CPI came in under the Fed Funds rate for multiple consecutive months. However, Jerome Powell expressed a much different sentiment, saying in his speech that their job is far from over and that they&#39;re still aiming for that 2% inflation target. Not the worst outcome given that no one&#39;s feeling good about the economy; however, not the best outcome since the people that &quot;ruined&quot; the economy when they thought they were fixing it, are still committed to deploying solutions to fix the economy.</p> <p>Find us on Twitter, Instagram, &amp; Facebook @DRUNKENOMICAL</p> <p>Merch: <a href="http://drunkenomics.myspreadshop.com">drunkenomics.myspreadshop.com</a></p> <p>Patreon: <a href="http://patron.com/drunkenomics">patreon.com/drunkenomics</a></p> <p>Stay Drunkenomical y’all!</p>