Stock and bond markets are abuzz this week over Chairman Jay Powell's hints of a "Fed Pivot" in interest rate policy.&nbsp;Mark Thornton explains why this optimism is badly misplaced.

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Stock and bond markets are abuzz this week over Chairman Jay Powell's hints of a "Fed Pivot" in interest rate policy. Mark Thornton explains why this optimism is badly misplaced. Be sure to follow Minor Issues at Mises.org/MinorIssues.{ai:summary}Financial markets are hopeful about a potential change in interest rate policy by Chairman Jay Powell at the Fed, but Mark Thornton argues that this optimism is misguided. #economy

The Fed Pivot

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