The comments from Federal Reserve Chairman Jerome Powell on 60 Minutes set the tone for the week. I don't think he said anything new but there was plenty of talking... and there is plenty more to come.I strongly suspect the Fed could live with its current messaging and Fed funds futures pricing in a 16% chance of a March cut and 115 bps this year. They're in a clear wait-and-see mode but -- alas -- there's no 'mute' button at the Fed.On Monday, we heard from Goolsbee (non-voter) and Kashkari (non-voter). Goolsbee took a dovish tone and said “if we just keep getting more data like we've gotten… we should be well on the path to normalization.” However in an essay, Minneapolis Fed President Kas
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