The Fed kept rates steady yesterday. It’s not because the economy is firing on all cylinders, but rather because Powell and company are still figuring out how to interpret Trump-era tariffs and economic mixed signals. The benchmark rate stays locked between 4.25% and 4.5%, but beneath the surface, things are getting messier. The central bank is officially in “wait and see” mode; Powell said it 11 times in his presser yesterday, because the economy’s flashing warning lights. Find out more - shortsqueez.co