What a poor press conference.

1. Worst question: I the #Fed influenced by the November election?

🤔 No!

2. #Powell povit: we are now focused on #Employment not just #inflation:

The follow-up question that didn't happened:

Are you worried about the loss of over 1 million full time #Jobs, year on year?

3. The question that needed to be asked:

Are you worried about the potential collapse of the #Yen?

What impact could it have on financial liquidity especially in the #Eurodollar#banking system?

What if any, contingency plans has the Fed made, if the BOJ starts to dump US Treasuries on markets to protect the Yen, as they did on Monday morning?