Damn, That's A Lot Of Speeches

According to Bloomberg, Powell repeated that the "path of policy will depend entirely on incoming economic information" and its impact on employment and price stability. Powell told the president and the treasury secretary that the Fed will make decisions on monetary policy "based solely on careful, objective and non-political analysis."

Video Transcript

At risk of being exposed as a Russian spy, I happen to have a video of the event. It went like this.

Trump: You are not going to raise rates any more are you?

Powell: You know Mr. President, we are of course data dependent. Nudge, nudge, wink, wink.

Trump: You sly dog you.

Top Secret Video

Just in case you think I am foolin', here is the top secret video as delivered to me by my Russian spy contacts.

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