July CPI Shock: Will the Fed Pivot or Double Down?
Markets brace as inflation data throws a wrench in the Fed's playbook.
The Pressure Cooker
Another red-hot CPI print leaves Powell trapped between recession fears and political backlash. Rate hikes haven't tamed prices—but crushing demand might crash the election cycle.
Wall Street's Schrödinger's Cat
Traders simultaneously price in both emergency cuts and another 75bps hike. The only certainty? Volatility is back on the menu.
Hard Landing Ahead?
Main Street feels the squeeze as credit card rates hit 25% and mortgages top 7%. 'Transitory' is the new 'four-quarter recession'—just ask the 12,000 laid-off crypto bros.
As the Fed hedges its bets, remember: central banks always err on the side of saving banks, not borrowers. Your 401(k) is just collateral damage.