>Fed aint doing that coz it thinks job market is still strong and inflation is sticky

I'm not trying to hound you but I think you might be missing a piece of information.

Powell gave an interview shortly after his last FOMC speech. They had new numbers come out and he was talking at some event.

What he said was that they didn't think there was a wage/price spiral anymore, they didn't think inflation was sticky anymore, because they had not taken into account the border closure preventing immigrant workers getting in (I think there was an unspoken 'illegal labor' implication here, but that's not the point really).

And he was VERY chipper about it but said they would keep an eye on the numbers.
I'm curious if you saw this interview of his or if you perhaps missed this (there is so much info out there, it's easy to miss)