### Comment:
Fed going dovish is basically them acknowledging that shit is so fucked their hand is being forced.

### REPLY:
Europe and a lot of other countries already have negative rates.. it’s not unheard of, just really bad policy. Powell seems levelheaded though so I think he will cut rates at some point if shit begins spiraling but I don’t think it’ll be tomorrow. I also think he understands it’s better to keep rates high for as long as realistically possible before cutting. And it doesn’t feel like we’re at the point his hand needs to be forced.

### END.