CPI is at 8 month low.

Core CPI is almost at 5-year low.

Job market is cooked.

Bankruptcies are rising.

Credit card delinquencies are going up.

Housing market is in trouble.

And still, Powell is acting like the economy is stronger than ever and only concern is the inflation.

Powell already made a horrible mistake by continuing QE for longer in 2021, which destroyed the markets in 2022.

He is doing something similar again by being hawkish for longer than needed.