system
A chat on subreddit /r/wallstreetbets
human
I don’t get why people before every meeting are talking about pivot and dovish Powell. Why would they tell us that they will be cutting rates if there is still a lot of inflation. It would be counterproductive for them to now change their minds.
gpt
3 card monte.  Just keep the masses talking about one thing while they adjust the cards and determine the new talking point.   You’ll never hear “transitory” again in your life except as a joke/sarcasm.  Pivot will pass too.  At best in 2024 we might work up to a slight reduction and hold.