The Market Ticker- Rate Cuts? Uh, No

Wait 5 sec.

The press conference was nauseating.Prices continue to go up and yet everyone keeps basically dogging Powell on cutting rates which will make the problem worse.Where did the public, and media, get the idea that short rates in the mid 4% range are "high"?  They're not; and more to the point they still provide no time value against the rate of inflation.The problem is as noted by CNBC the other day in an article called "Most can no longer afford