It feels like we are walking a tightrope here, dude. Oil upset always crinkle wide, food, logistics, transport, in every aspect. Literally, it is the main fuel of inflation. So what about Powell? I will say he is caught between two legs, no way to free up. Cut rates and you risk a flareup of inflation right before oil spikes, right? Now what will you do? hold rates? No way, you just risk grinding credit markets down, choking small businesses and real estate, lol.

its reminds me of last 2007 pre GFC. You know, rates stayed high too long. Only this time debt is bigger and geopolitical issue more messier. So no way, Powell is in check, not mate... yet. Just lets see who blinks first, inflation or market.