Already addressed: Msg 262866 of 262873 at 2/3/2023 4:02:46 PM
Powell cleverly created a fake sense of full employment and then he only raised rates 0.25%. That pretty much gave the markets everything they wanted. It delays but does not stop the steady march of PMs up in price. All this manipulation will come out in the wash over the next few months. Creates another short term opportunity to buy low now and sell high in the near future.