You are perpetually living a life full of fear, hatred, frustration, anger, vengeance, worry .... towards the Fed. When talking about the Fed, There was / is / will be nothing positive out of your mouth. All your new threads are about expressions of your negative emotions. Your life is full of negative emotions. Be a trader. Traders are happy with the Fed because it provides trading opportunities.
He blew the Christmas budget gambling on UVXY this morning. Don't tell his wife she'll slash the sex dolls .
What The Dawn meant was not that Powell was happy with the 7% number, but happy with the rate of decline.
What decline? There is no decline. Nobody at the Fed cares about 1/10 or 1/5 of a percent variation. They hike 50bps tomorrow and another 50bps Q1 and then stand pat. Simple as that. How anyone can constantly read more into this than the Fed has made perfectly clear is an absolute mystery...
You're not very good at understanding this whole concept of rates, percentages of rates and velocities, and English language thingies, are you? Whoops, I used an Oxford comma. @destriero is gonna' slam me for that I think.