The Gladys Knight Strategy for Fed Policy Making

The Fed is in the "Buying Time" business as they try to achieve their dual mandate while maintaining the primacy of their unspoken "third" mandate to keep a smooth functioning UST market.

I think Powell’s performance at the press conference earlier this week shows his continued love for the 1970s music of his youth. Gladys Knight and the Pips classic song “All I Need is Time” comes to…