As the Fed wraps up, even Powell concedes: GDP growth downgraded to 1.4% (from 1.7%) and unemployment ticking up to 4.5%.

Clinging to a 2% inflation target is now hurting everyday Americans and small businesses—while giants like Walmart weather it just fine.

Remember Dune? “He who controls the spice controls the world.” Same game, different players.

My take:

The Fed can’t wait forever—rates must come down. There comes a point when the pursuit of control turns into a stubborn battle of egos, and while power struggles play out at the top, the rest of us bear the cost in silence.

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