Fed Chair Powell’s Jackson Hole Speech: A Comedy of Cuts, Crypto Cheers, and Tariff Tantrums 😂💸
In his usual deadpan manner, Powell informed the assembled masses (and those tuning in via livestream) that a 25-basis-point rate cut in September is about as certain as death, taxes, or your aunt sending you chain emails. But before anyone could break out the champagne-or, in this case, Bitcoin-he added the regulatory equivalent of “but wait, there’s more!” This isn’t the start of some extended discount sale on interest rates; think of it instead as a one-time-only markdown. 🛍️