Chairman Powell speaks on Tuesday, will child show host Mr. Rogers show up again or will the character from the Jackson Hole Economic Symposium last August, where Powell sounded more like the Clint Eastwood character Dirty Harry, make an appearance? This is an important communication from an obvious gentle person. The Fed’s prepared statement after the meeting was hawkish, and during the Q&A Powell was dovish. The market got the impression he was sending a signal.

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