They literally said at 2:30 on the may report they will not raise the rates by 3/4ths. The exact second he said that the stock market went up 1 trillion. Today they raised it by 3/4ths. They don’t need to whisteblow when they are convinced a healthy stock market is a healthy economy. Why is Powell bringing up the stock market when his job has nothing to do with the stock market at all. All their major efforts with QE were to boost the markets. All their efforts under Biden have been short term results with no care for long term health of economy. Look how much money they printed relative to supply. Its mindblowing

https://truthout.org/articles/fed-chair-jerome-powell-sold-o...

"As Fed chair, Powell not only has an enormous amount of insider knowledge about the financial markets in the U.S. but also has sway over the laws governing those markets. He has faced scrutiny from lawmakers like Sen. Elizabeth Warren (D-Massachusetts), who has called him a “dangerous man” because of his record with being soft on banks."

"But it was Powell’s answer to the second question of the press conference that really sparked the rally. Asked whether future hikes could be even larger than 50 basis points (or half a percentage point), Powell was clear: “A 75 basis point increase is not something the committee is actively considering.”

By the end of Powell’s 47-minute press conference, stocks were up 2%. And by the close, the S&P 500SPX +1.46% was up 2.99%, for its best day since May 18, 2020. In dollar terms, Powell’s speech added about $1.1 trillion in value to the index."