The Shift.
Same voice. Same question. Different answer.
Financial media has no memory, so nobody notices when a call quietly
changes. We keep both versions, dated and sourced, side by side. What changed in
between is yours to judge; we just kept the receipts.
THE SHIFT · ED YARDENIthe fed
Then · May 18, 2026A quarter-point Fed rate hike is “likely” in July 2026 to appease the bond vigilantes.
Now · 2026-06-18“We thought he was a dove who favored lowering the federal funds rate. Instead, he hammered home a strict orthodox message on inflation with a strong commitment to price stability” (his written note, read on air); “it may be a do nothing Fed for a while”
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