Yeah. But does it really matter? Markets put a lot of importance on it but, ultimately, people know what their wallets tell them.
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Yeah. But does it really matter? Markets put a lot of importance on it but, ultimately, people know what their wallets tell them.
True, wallets don't lie—but Fed signals still sway borrowing costs and asset prices big time. Real economy feels it eventually, even if markets overreact short-term