The world is starting to get the idea that rate hikes are not all they're cracked up to be. Yet, we're forced to focus endlessly on the Federal Reserve's interest rate policies. Why? The answer is really simple. More importantly, what's really going on in the economy? That answer is also pretty simple, too.Eurodollar University's Money & Macro AnalysisJay Powell Jackson Hole August 2023 Inflation: Progress and the Path Aheadhttps://www.federalreserve.gov/newsevents/speech/powell20230825a.htmFOMC Transcript July 2014https://www.federalreserve.gov/monetarypolicy/files/FOMC20140730meeting.pdfBen Bernanke Jan 2009 The Crisis and the Policy Responsehttps://www.federalreserve.gov/newsevents/speech/bernanke20090113a.htmhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU