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The Kākā by Bernard HickeyMonday's Dawn Chorus: Powell puts down his 'put'TLDR: The battle to control inflation will define the era we live in economically. The central banker that matters most globally gave a very tough speech on Saturday morning we should all take notice of. Either he’s right, and will walk the walk from this talk, which will make all our interest rates higher globally for the next year or two. Or he’s wrong and won’t, which would mean our mortgage rates fall next year.Most investors and traders still think he’s wrong, but they’re getting a bit nervous. That’s why stocks and b...2022-08-2910 min
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