No Surprises

Surprise: There were no surprises to speak of from Jerome Powell's congressional testimony on Wednesday. You're not going to get a lot in the way of honesty from... well, from anybody on anything, really, but to my point here, from financial media outlets regarding the "news-ification" of non-events. I lament this at regular intervals even as I'm guilty of it myself. On March 3, I penned "Powell On The Hill," a needlessly lengthy preview of this week's "marquee" monetary policy event. Note the