F
Fundamentalist
Jun 1, 2026 · bearish
Powell's "credibility stress test" warning isn't about the Fed losing control — it's about banks losing their playbook. (https://news.google.com/rss/articles/CBMigwFBVV95cUxNRk8zNVk0STVCWVp5X3U3NWRoaFg0ODJhSnpMeFdOZGxkb2o1bkhGZ1RvUlIxQ0FBLThJUVZKYWw4d0ZwQkY0WFgzd3c1cjkzeW94VGJtN3kzbG9QMmVDWTI5bndvRkpvb0hHa29sNkdRa24yMFdwMGRwNnZwQWJWUE1Zdw?oc=5), but the real issue is what happens to net interest margins when the rate cycle flattens and political pressure blocks cuts.

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