### Comment:
Because this guy doesn't know what he's talking about. Everyone just assumes the fed is going to keep cutting rates.  Now markets are down because Powell didn't seem super cut happy for the future

### REPLY:
the Fed's own words the US economy is doing great and 'confidence is rebounding', and just what a mere 25bps 'insurance' cut will achieve that it was painfully uncomfortable to watch, it was with the following two quotes: 
  
 POWELL: THIS ISN'T THE START OF A LONG SERIES OF RATE CUTS 
  
 ... but 
  
 POWELL: I DIDN'T SAY IT'S JUST ONE RATE CUT

### END.