Hello fellow robo capital. So up your well. So the Fed comes out today and announces, makes their big decision. What happened, you might ask. Well, they kept rates the exact same. But what was not expected is what happened in the bond market. I think that's more important. And what the Fed said in their

response of the, not the minutes, but when Powell comes out and does this press conference,

after they announce that they're going to keep rates the same, this is what the market was

hyper-focused on. And I think this is where we got some

surprised comments. And I want to go over what those comments were, what they imply about

the future of interest rates, and then also give you my opinion on the Fed causing. And as of right

now, they're saying they're only going to cut twice this year,

which is weird because they're saying they're worried about quote-unquote stagflation.

To me, none of this makes sense. But let's get into the details right now.

So first and foremost, let's go to CNBC. And right here, Fed holds key rate steady, still sees two more rate cuts.

So on this, yields went down, as you would expect. But then yields came back up, and now I think they're positive for the day at least a 10 year

treasury yield which is unexpected but that has a lot to do with the feds rhetoric or at least

Jerome Powell and what he was saying during his press conference so before we get into this

let's just look at a chart here we got the 10 year 10 year. Yeah. So see, we go down and then

shoots up and now we are still positive on the day. It might roll over. I don't know if I'd be,

you know, I don't think this is a beginning of a new uptrend or anything, but it did turn it,

the 10 year treasury yield did turn positive. So let's go over or back to the key talking

points. So the Fed has been in a range, what's called 4.25. I think the exact Fed funds right now

hovers right around 4.3, 4.33. However, the central bank expects inflation to remain elevated.

So everyone on Twitter and a lot of people

in the mainstream media are talking about stagflation. Oh my gosh, the Fed is coming out and predicting

stagflation. And this term I put out on Twitter is a bit like the term, well, the R word. I don't

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