It's going to be like this. It's going to be like that. Kevin Wash doesn't talk

It's going to be like this. It's going to be like that. Kevin Wash doesn't talk about this.

I'm also writing down only impressive things fragmentarily while listening to the show, but I think the detailed full text will be uploaded by the brothers on the account that deals with macro details. It's better to watch it if you don't want to misunderstand.

What's impressive is..

Powell in the past should be like this. He should be like that. There's been a lot of talk. Powell shows restraint in those future prospects

Something about the market is showing a rally of relief. There was a momentary plunge due to concerns about dot plotting, but it rolls up as it is. I can't tell until I go all the way, but... there's a market for petty whimsicals

When asked about the dot plot, Kevin Wash said he didn't, and he said that Fed members knew that the dot plot itself could change, and that this way of communicating would change by the end of the year.

It's said to create a task force. It's said to consider whether the Fed's conventional procedures are appropriate.

I've had a few questions about the dot plot, and Kevin Wash describes it as something that can change depending on the situation, not a prospect for the future. Said he wouldn't be tied to the dot plot.

It is said that the task force is made up of outsiders, as if trying to make a difference with it through the output through the task force. Wouldn't it be made up of outsiders who will produce the result that Kevin Wash wants? (Is it too speculative)

There may be errors in how to use the existing data, and it seems that we are trying to refer to those methods of using real-time data as much as possible

When asked about raising interest rates, they didn't give a clear answer at all, but answered how the task force would be formed. It is said to consist of internal and external advisors. Various lawmakers are also involved to discuss what methods are right and find ways. This was the answer to a question about the possibility of a rate hike. I think this is the hint. It seems that they are trying to verify the way the Fed has been doing and do something differently

I understand the purpose of trying to determine if the current rate is appropriate. I think that could be a risk and an opportunity. I think that's Kevin Worthy's thinking that there's an error in the current way..

When asked about AI, it can be a lot of opportunities, but there are also many risk factors. Curiously, I understood that he made the remarks with a nuance that monetary policy should be supported so that the United States can win this competition. The task force should produce the results for details.

Do you want to pursue it with objectivity..

They say that if the Fed makes the right decisions, it can create lower prices and higher employment. (Feels like there's a perception that the Fed is doing something wrong in the past.)

The strategy of mobilizing the task force to make a difference seems novel, and given the propensity of the Fed's inner circle, whether Kevin Wash is trying to take it the way he wants it to... Or whether the Fed is trying to make a difference by making decisions more real-time data.

I think the sensitivity to CPI, PPI, and PCE will decrease a little. The data that were referenced in the existing monetary policy seem to be trying to verify and make changes. They say a lot about real-time data

There's no such strong grip on Kevin Wash that drove a certain direction to the market like Powell did...

Those who watched the show might be confused about something.