**Jerome Powell meets with a young Fed analyst** Powell: Start counting the interest rate change. Analyst: 4% — 4.5% — 5% Powell: Starting from 5% damnit! Analyst (stuttering): 5% — 5.5% — 6% **Powell slaps the analyst on the cheek** Powell: Was I cutting or was I raising? Analyst:... I — I don’t know. Powell: Start counting again. Analyst: 5% — 4.5% — 4% … I think. **Powell slaps the analyst again** Powell: Was I cutting or was I raising? Analyst: You were raising before but… **Powell slaps him before he can finish his answer** Analyst: You are c-c-c-cutting. Powell: So you DO know the difference. If you dare sabotage my soft landing, I’ll f**king break you. Analyst (tearing up): Yes, sir. Powell: Now, are you a raiser or a cutter? Analyst: Ugh. Powell: ANSWER DAMNIT! Analyst: Cutter. Powell: Start again. Analyst: 5% — 4.5% — 4%. Powell: Good, 50bps. That’s my speed.show more

Trung Phan

708,284 subscribers

分享 下载